Thursday, February 10, 2011

Three main points from 2-7-11 Legislative Committee Meeting

1. Although the School Aid Fund seems to be well funded for the rest of this school year and next, we are concerned about the “surpluses” being used to offset other areas of the budget and with the structural deficit which will occur when federal dollars run out.
2. Governor Snyder’s advocacy for education may mean an over hall of The School Aid Fund to be responsible for early childhood through university education.

3. Budget variables, including the retirement contribution rate and the MESA health insurance for teachers and union staff may be so high as to push the budget into as much as a $1.5 million deficit with only cost of living increases in expenses in all other areas of the budget.