Missouri’s schools underfunded by $656 million.
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Its authors, including Executive Director Amy Blouin, said, “Missouri can’t afford to further erode its tax base with tax cuts that will make it even harder to invest in Missouri schools.
“By failing to invest in quality education, we’re undermining the state’s economic development and our future,” Blouin said in a conference call.
Republican state lawmakers tried last year to cut state income taxes, an effort that was vetoed by Gov. Jay Nixon. They appear likely to try again this year, although perhaps with a narrower effort that would cost the state coffers no more than $120 million a year. Last year’s bill would have reduced personal and corporate taxes gradually as long as state revenue rose by at least $100 million annually. Nixon had said the bill would remove $800 million from the state’s budget.
The Missouri Budget Project study says schools in St. Louis County are underfunded by an average of $512 per student.
Hazelwood, for example, is underfunded by $854 per student, it says.
Ferguson-Florissant R-II is underfunded by $800 per student. Riverview Gardens is underfunded by $455 per student.
In the city, St. Louis Public Schools are underfunded by $317 per student.
Link: http://m.bizjournals.com/stlouis/blog/2014/03/missouri-s-schools-underfunded-by-656-million.html?ana=twt&r=full
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I think I found where all that ca$h went:
= new reply since forum marked as read
