Waiting for school finance
Tue May 24, 2011 11:07 pm

Here is my understanding of the school finance proposal. As of this writing, the deal is not done.

It will take $4B to fund the foundation school program. The plan is to  provide $2 billion in proration ($1B per year) and $2B  in target revenue reductions. The runs would use the Shapiro plan.

What Governor Perry does not want (on the off chance that he isn’t president) is for the state to owe a bunch of money when the Legislature comes back into session.

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