The Eagle Lands Tomorrow. At least one of the two eagles lands tomorrow, as the House will be releasing its version of the omnibus education funding bill on-line sometime late tomorrow afternoon. About the only inkling of what the bill will contain is that it has been announced that some improvement to the kindergarten weighting will be included in the bill and that there will be money for early childhood scholarships.
The Senate may also release its version of the bill tomorrow, although it appears there has been a bit of a slowdown as they put their bill together. One of the rumored points of contention in the Senate is the method that will be used to deliver the $150 million in property tax relief that is part of the Senate's education funding target. Several different approaches are being discussed, most notably SF 177 (Skoe), which delivers the relief through increases in the equalization factors for the referendum and debt service levies (along with a $300/PU discretionary levy for districts with less than $300/PU in referendum revenue and a corresponding reduction in the referendum cap) and SF 1142 (Stumpf) that would re-establish the general education levy that was eliminated in 2001 as part of the Ventura Administration's "Big Plan" and deliver the property tax relief through that vehicle.
We wait with bated breath and I will pass along the links and documents when they are posted. Stay tuned.
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