Reserve Funds for Years 2 and 3

Incoming Speaker of the House Melvin Neufeld is calling for money for the second and third years of last year’s school finance plan to be put into a reserve fund. Good enough, but what about the years beyond that? Expect even more demands for dollars. Will increased accountability through increased options (charter schools, for example) be part of that?

Source: Speaker outlines House agenda, Topeka Capital-Journal, January 6.

The Eagle has some more information:

“Last year, legislators agreed to a three-year, $541 million increase for schools, which satisfied the court. At the time, it wasn’t clear whether the state would have enough money to fund the third year, but state revenues are above expectations.

[Derek] Schmidt, R-Independence [majority leader], wants to make sure there will be money available. To that end, he’s pushing a bill to set aside some $123 million from the budget surplus to pay for schools.

‘Our top priority needs to be fully fund all three years of the school finance bill,’ he said.”

Source: Legislative session opens Monday with full plate of issues, January 5

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