Arizona voters to decide on additional $3.5 billion for K-12 education
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.
…Read the full article HERE
Please see related story:
- Arizona Capitol Times — Prop 123 – It’s not sustainable and it’s not a solution
- AZEDNEWS — Alternate realities: School budgets, teacher salaries hinge on Prop. 123
Category: Education
