Bean says a billion dollars in cuts or a billion dollars added - TopicsExpress

Bean says a billion dollars in cuts or a billion dollars added during the governor’s four-year term isn’t the real story. The tax change means billions of dollars of potential resources lost to schools during that time. Fewer business tax dollars going into the School Aid Fund and then dollars being taken out for higher ed and community colleges add up. The combination of the two give you a net reduction in how much was available for K-12 of over a billion dollars a year, Bean said. Thats a billion dollars in lost funds for schools each year.

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