Education & School Finance (Pre & K-12)
Fiscal Policy & Taxes
State Revenue & Budget
Where are we?
- 11.5% lower than the formula
- Local share falling or slowing
- State Education Fund close to depleted
- General Fund budget in cutting mode
How did we get here?
- Business cycle, demographic changes, and constitutional requirements
Where are we going?
- Slower revenue growth
- Greater pressure on expenditures