school aid

(July 17,08 - Gongwer News) On a 31-4 vote the Senate approved the 2008-09 K-12 School Aid budget, despite some bipartisan hesitation on a change in the bill to the definition of Detroit's status as a first-class school district.
The budget provides for per-pupil funding increases of between $56 to $112 per pupil with the state's poorer districts getting the larger increases.
And the measure includes $15 million to help finance the start of Governor Jennifer Granholm's proposal to tackle dropout rates by creating smaller high schools.

With a conference committee meeting scheduled for Thursday, Michigan schools will come a step closer to finding out what their per pupil allotments will be for the 2008-09 fiscal year. Indications are schools can expect increases in the range of $56 to $112 for each student, and there will be some funding set aside for Governor Jennifer Granholm's proposal to combat school dropouts by building smaller high schools.

The Executive Budget presented by Governor Jennifer Granholm just last month may already be in trouble, but the problem at this point is not a repeat of last year’s budget impasse between the Executive Office and the Legislature. This time, as it was going into last year’s budget debacle, the issue is again money—or, more specifically, the lack thereof.

Governor Jennifer Granholm has signed the budget for K-12.

The School Aid budget is one of the larger budgets, providing $13 billion ($34.9 million general fund) for K-12 districts, intermediate school districts and charter schools. The budget is $900,000 ($90,400 general fund) smaller than the 2006-07 budget.

November 9, 2007 - General fund and School Aid Fund revenues for the 2006-07 fiscal year will be at least $153 million larger than forecast back in May thanks in part to higher income tax revenues and lottery sales.

October tax revenue figures were released late Friday and showed total revenues for the month of $2.778 billion, up 1.1 percent from the year before.

Even though the 2007-08 fiscal year began October 1, revenues collected during the month accrue back to the previous fiscal year.

Once again we’ve been led to believe the 2007-08 budget was complete, and once again we learn that agreement has not been reached. This has gone on since May. It is impacting schools, and it is impacting MASSP membership. Many believe, because they submitted their membership materials to central office to be paid that their membership is in. It isn’t!