Senate overrides Nixon's veto on bill designed to lower school funding

1 year 3 weeks 2 days ago May 04, 2016 May 4, 2016 Wednesday, May 04 2016 Wednesday, May 04, 2016 10:53:00 AM CDT in News
By: Stephanie Sierra, KOMU 8 Reporter
loading

JEFFERSON CITY - The Missouri Senate overrode Gov. Jay Nixon's veto Wednesday on the bill that would have reduced the amount of money lawmakers would target to try to fully-fund schools. 

SB586 states it would modify the "state adequacy target" for funding public schools around the state for fiscal year 2017-2018.

"This cheapening of the foundation formula results in a broken promise to our local schools and the students they educate," Nixon said. "It would provide cover for legislators to turn their backs on our local schools by passing even more reckless tax breaks."

Nixon said the bill would have cut $456 million of funding. However, this number is based on assuming the budget is fully funded, which would require an additional $455 million to our current budget.

The big question is: Are lawmakers fully funding the formula right now? No.

Reports from the Department of Elementary and Secondary Education show the formula hasn't been "fully" funded in the past five years.

DESE reports that, as of the April 2016 payment, the formula is currently underfunded for FY2016 with $455,900,618.

Below is the amount of money necessary to fully fund the formula and the actual appropriation given.

 Foundation Formula Funding over the past 6 years

Year         Amount needed      Money received

2010

$3,032,215,223

$3,032,215,223

 99%

2011

$3,083,216,948

$3,004,388,410

 X

2012

$3,191,705,041

$3,004,388,410

 X

2013

$3,467,750,358

$3,009,388,411

 X

2014

$3,685,111,064

$3,075,271,737

 X

2015

$3,672,535,459

$3,353,283,124

 X*

 Source: Department of Elementary and Secondary Education 

*Included money from Surplus Revenue Fund

X= not fully funded

Years 2007-2009 were fully funded

What would have changed if SB586 passed assuming the formula is fully funded?

Columbia would have lost the most.

Modifying the "state adequacy target" would have affected many mid-Missouri school districts.

Supporters of the bill said it's saving the formula.

"If the formula gets to the point where it's a billion dollars out of whack, who's going to pay any attention to it," Sen. Jay Wasson, R-Greene County said. "When it get's there no one's going to even try to fund it."

Wasson said the governor had plenty of time to fund the formula.

"He's had eight years in office to give us a recommendation to fully fund it, he's never done that."

"SB 586 is an acknowledgement by majority Republicans that they have failed for more than a decade to keep their promises to Missouri’s children," said Rep. Gail Beatty, D-Kansas City.  "But failure is never an acceptable answer when it comes to our local public schools." 

 

More News

Grid
List
BRANSON, Mo. (AP) — Authorities have recovered two bodies and are searching for a third person after their vehicle was... More >>
6 minutes ago May 28, 2017 May 28, 2017 Sunday, May 28 2017 Sunday, May 28, 2017 1:38:00 PM CDT in News
ST. LOUIS (AP) — Relatives of two of four people killed when a steam-filled tank weighing nearly 2,000 pounds (900... More >>
11 minutes ago May 28, 2017 May 28, 2017 Sunday, May 28 2017 Sunday, May 28, 2017 1:33:00 PM CDT in News
ST. LOUIS (AP) — St. Louis police say a man who barricaded himself inside a home repeatedly fired at officers... More >>
18 hours ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 6:54:00 PM CDT in News
KANSAS CITY, Mo. (AP) — Kansas City, Missouri, police say they are searching for a man who shot two people,... More >>
18 hours ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 6:46:00 PM CDT in News
COLUMBIA - A new business pushes it’s clients to their limit and has them sweating bullets. Two former NFL... More >>
20 hours ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 5:06:00 PM CDT in Sports
COLUMBIA - A resettlement agency supporting refugees had a surplus in donations, so it decided to sell some of its... More >>
20 hours ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 4:47:00 PM CDT in News
As of 6:00 p.m. 23,491 Electric Cooperative member-consumers are without power As of 5:37 p.m. Saturday, Ameren reports that... More >>
21 hours ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 4:21:00 PM CDT in Top Stories
JEFFERSON CITY - Traditional Native American food, crafts and dancing can be found at the tenth annual "For the People"... More >>
21 hours ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 3:48:00 PM CDT in Top Stories
COLUMBIA - Two teens were arrested early Saturday morning in relation to an armed robbery Friday night. Columbia Police... More >>
21 hours ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 3:46:00 PM CDT in Top Stories
BOONE COUNTY - One person was extricated from a vehicle and taken to the hospital with serious injuries after a... More >>
22 hours ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 2:53:00 PM CDT in Top Stories
COLUMBIA— The start of the ninth annual Pedaler’s Jamboree was held on Saturday. Nine years ago when the event... More >>
23 hours ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 2:24:00 PM CDT in Continuous News
COLUMBIA - The 29th Annual Salute to Veterans Air Show is scheduled for Saturday, May 27, and Sunday, May 28... More >>
23 hours ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 2:10:00 PM CDT in News
JEFFERSON CITY - Three people were taken to hospitals by emergency personnel following a three-car wreck Saturday morning. A... More >>
1 day ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 1:08:00 PM CDT in Top Stories
COLUMBIA – Public pools in Columbia opens for Memorial Day weekend, but they are still looking for more people to... More >>
1 day ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 11:29:00 AM CDT in News
SPRINGFIELD, Mo. (AP) — Two months after the idea was first introduced to leaders in Springfield, Missouri, the city's new... More >>
1 day ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 11:13:00 AM CDT in News
ST. LOUIS (AP) — St. Louis police say a man who exchanged gunfire with officers during an hours-long standoff has... More >>
1 day ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 11:09:00 AM CDT in News
JEFFERSON CITY (AP) — Lawmakers have passed a proposal in a special session that supporters hope will bring hundreds... More >>
1 day ago May 27, 2017 May 27, 2017 Saturday, May 27 2017 Saturday, May 27, 2017 5:13:00 AM CDT in News
JEFFERSON CITY – A father was sentenced in federal court Friday for threatening the attorney who represented one of his... More >>
1 day ago May 26, 2017 May 26, 2017 Friday, May 26 2017 Friday, May 26, 2017 8:04:00 PM CDT in Top Stories
Columbia, MO
Broken Clouds 75°
2pm 77°
3pm 78°
4pm 79°
5pm 79°

Select a station to view its upcoming schedule:

Coming Up Next

11:00a
2017 French Open
2:00p
PGA Tour Champions Golf
5:00p
KOMU 8 News @ 5
1:30p
A Knight's Tale
4:00p
Wrong Turn at Tahoe
6:00p
A Thousand Words

Tonight's Schedule

7:00p
American Ninja Warrior
8:00p
American Ninja Warrior
6:00p
A Thousand Words
8:00p
Marvel's Agents of S.H.I.E.L.D.
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld