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Budget Related Publications

State Education Fund Report (2009)

Subject
Education & School Finance (Pre & K-12)
Published
01/30/2009

The forecast for the State Education Fund and the level of General Fund appropriations necessary to meet the funding requirements of Amendment 23 is significantly changed from when the General Assembly adjourned in May 2008. The upheaval in the economy is affecting forecasts for property values and income tax receipts, which in turn are placing pressure on state aid appropriations to support the requirements of Amendment 23.