Washington state schools chief Randy Dorn dropped a bit of a budget bombshell today, saying that costs to adequately fund the state’s K-12 public schools will be around $4.1 billion more than is spent today. You can read about his formal budget request to the Office of Financial Management here and here.
State government is under the state Supreme Court’s order – and continuing, steady gaze – to identify a revenue stream adequate to fully, or amply, fund basic education. Gov. Chris Gregoire has said that raising at least $1 billion more would require new taxes. Both gubernatorial candidates say they can come up with the cash without new tax hikes, although both Democrat Jay Inslee and Republican Rob McKenna do mention closing some tax breaks.
Read more here: http://blog.thenewstribune.com/politics/2012/10/04/schools-chief-dorn-asks-for-4-1-billion-for-k-12-schools/
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