Mo. Senate Panel Embraces Two-Prong School Funding

5 years 2 weeks 16 hours ago Monday, April 07 2014 Apr 7, 2014 Monday, April 07, 2014 1:22:48 PM CDT April 07, 2014 in News
By: The Associated Press

JEFFERSON CITY (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.

 

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