Arizona voters to decide on additional $3.5 billion for K-12 education

| March 30, 2016

By Rikii Mitchell • KGUN9 ABC

With the presidential preference election behind us, voters are now turning their attention to Proposition 123 , that will be on the ballot May 17.

This proposition would change Arizona’s constitution and set up a plan to increase funding for K-12 education by $3.5 billion over the course of 10 years.

That money would primarily come from taking more money out each year from the state land trust, a fund established when Arizona first became a state as a way to fund K-12 education. When the state sells land, that money goes into a permanent savings account for education. The money is then invested and anything earned on the account is supposed to primarily fund K-12 education.

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Category: Education

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