Lawmakers could shift existing money into new school formula - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

Lawmakers could shift existing money into new school formula

Associated Press

JACKSON, Miss. (AP) - The $53 million needed to pay for the first year of a proposed new Mississippi public school funding formula could come from other money currently going to education.

That raises the question of whether schools would actually get any more money in the new formula by House Speaker Philip Gunn. The Clinton Republican's plan outlines a $107 million increase in spending over five years.

House Education Committee Chairman Richard Bennett said Thursday that House leaders may sweep other money now flowing to schools into the new formula. Bennett says one possible source is the $97 million Mississippi spends on vocational and technical education. That money flows to high schools and community colleges.

Two House committees are scheduled to discuss the plan Monday. Bennett says he expects a committee vote Tuesday.

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