Home » NEWS » Education » Senate to begin considering school funding formula rewrite

Senate to begin considering school funding formula rewrite

Mississippi state senators are scheduled to begin discussing on Wednesday a plan to rewrite Mississippi’s school funding formula.

Officials made the announcement Tuesday as senators met with a consultant who helped develop ideas that were incorporated into House Bill 957 , which representatives passed last month.

Senate Education Committee Chairman Gray Tollison, an Oxford Republican, says his committee will discuss the bill passed by the House, but won’t vote or take up any changes until next week. His committee must act on the bill before a Tuesday deadline.

The new formula would replace the current Mississippi Adequate Education Program. The bill envisions increasing funding by $107 million over seven years. But even then, it would spend $157 million less than the current formula legally mandates next year.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Associated Press

Leave a Reply

Your email address will not be published. Required fields are marked *

*