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Mo. Senate panel embraces two-prong school funding

(JEFFERSON CITY, Mo., AP) — Missouri senators are going forward with a two-prong funding plan for public schools that bases their state aid on the strength of the economy.

A Senate panel agreed Monday to the basic approach of the House school funding plan but tweaked its specific dollar amounts.

The House plan would add $122 million to Missouri’s $3.1 billion in basic aid for school districts. But it would authorize an increase of up to $278 million if revenues meet Gov. Jay Nixon’s more optimistic projections.

The Senate Appropriations Committee decided to provide a minimum $115 million increase, leaving a larger portion of the potential $278 million increase dependent upon improved revenue collections.

Senators typically change the House budget plan. Negotiators from the two chambers must work out their differences by early May.

Posted by on April 7, 2014. Filed under Missouri News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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