Funding

The conference report for HB 1648 was adopted by the House and Senate on Easter Sunday, 3/31/13. This is the final K-12 budget for the 2013-2014 school year and includes the following items: Level funding of MAEP – same next year as this year; MAEP will be underfunded by $292-million $27-million – increased retirement costs  Full funding […]

FY 2013 revenue to the General Fund from all sources through February 2013 is $132,147,164 above the estimate used by the legislature in creating the FY 2013 state budget. A year over year comparison of revenue collections shows that FY 2013 revenue year-to-date is $105.8-million (3.8%) above the same period in FY 2012. Recent months have shown significant increases

Governor Bryant has announced his budget recommendation for Fiscal Year 2014, the budget that will be decided in the coming legislative session. The governor’s Executive Budget Recommendation is not binding and is seen more as an indication of the governor’s policy priorities than as a true budget guide. The Legislative Budget Committee will issue its

School districts are in a terrible predicament because legislators refuse to agree on a state budget. Though leaders in both chambers have told The Parents’ Campaign they are committed to full funding, at least one appropriations chairman is sending a different signal to others. Natalie Chandler, of The Clarion Ledger, reported in her blog on June

February 2009 The 3.49% cuts to MAEP funds took effect the first week of February as school districts’ monthly MAEP payments were reduced to reflect the reduced budgets. The Mississippi House of Representatives has passed a supplemental appropriation in the amount of $68-million to offset the bulk of the cuts, and that bill, House Bill

National Board Certified Teachers (NBCT) have expressed concern that their hard-earned salary supplements will be reduced due to cuts made to school budgets in January. The Mississippi Department of Education has confirmed that NBCT supplements will be honored as called for in the teachers’ contracts. While Governor Barbour’s January cuts to education did include a

For the 2012-2013 school year, Mississippi public schools will be funded at a level that is $258,943,631* below what state law (the Mississippi Adequate Education Program or MAEP) requires. Check your school district’s page to see your individual district’s share of underfunding. Statewide MAEP funding for FY13 is $19.4-million over FY12’s funding level. However, that funding boost is more

For the last four years, K-12 education has suffered budget cuts at rates higher than the state budget as a whole. In fact, for the current budget year, K-12 funding decreased while funding for the overall state budget increased. K-12’s share of the General Fund portion of the state budget has shrunk every year since 2008. K-12 funding

Governor Phil Bryant has released his Executive Budget Recommendation for Fiscal Year 2013 (FY13), which is next school year.  While the governor’s proposal replaces over $5-million that was cut from high growth districts in the last legislative session, it cuts the Mississippi Adequate Education Program (MAEP) appropriation to all districts by another $72.9-million.  This would underfund the MAEP

The PERS Study Commission has released its recommendations.  A summary of the highlights follows.  Click here to read the Commission’s full report.Highlighted Recommendations of the PERS Study Commission:  The PERS Board should reconsider lowering its investment return assumption from 8 percent to 7.5 percent as recommended by PERS’ own actuary, Cavanaugh MacDonald. Over the last ten years, PERS has