And that’s a good thing. (Although, those who don’t work in education or who do not sell in the education market may have very different feelings.)
It’s no secret that Rendell is attempting to create his legacy (or infamy) through education funding. Since he took office in 2003 he has raised basic education funding by 35% or nearly $1.4 billion. (The goal is 2.6B by 2014)
Rendell is now asking for a 4.9 percent increase in public school spending over last year for a total of $9.8 billion. This increase comes in the form of an additional $633 million into the basic education fund.
Opponents of the budget point out that this entire increase is created by the current federal stimulus bill. June 30, 2011 will mark the end of that program leaving a tab of $633 million if the basic education subsidy is to be carried forward at the same level.
This funding is completely separate from the $380 million in federal stimulus that is going directly to the districts for special education and low-income students.
Overall it looks like this will be a good year for education spending at the expense of gum, candy and personal hygiene products.
Governor’s Page with links to more information: http://bit.ly/9T6q7W
Great post on the Times-Tribune site detailing the NEPA schools and the amounts they will receive under the proposed budget. http://bit.ly/aGWyh0
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