Month: April 2011

Ad Valorem Tax Reduction

A portion of a school district’s budget is made up of local ad valorem tax dollars (property taxes).  This is often referred to as the local contribution. Years ago, the Mississippi Legislature decided to offset a portion of the local ad valorem tax with state dollars.  The total state appropriation for Fiscal Year 2011 (2010-2011 school year) …

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Governor Barbour’s Budget Recommendation for Fiscal Year 2012

On November 15 of last year, Governor Barbour announced his budget proposal for Fiscal Year 2012, which included underfunding the Mississippi Adequate Education Program by $296-million, funding that is $65-million below the current school year’s level for the MAEP, citing the federal Education Jobs funds schools received in August of 2010. After 107 representatives and …

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