Staff reports | The state Senate relatively quickly passed a relatively non-controversial $8 billion state budget this week that added about $25 million to public K-12 education than provide in an earlier House budget. Senators had about $500 million more than the House to use for state spending due to increased revenue estimates.
In the Senate version of the budget, which likely will head to a conference committee unless the House agrees with everything, the base K-12 student cost is $2,435, or $35 per pupil more than the House budget. State law requires formula funding of $2,894 per student. That means the Senate bill provides $1.756 billion to K-12 education, which is $396 million short of full formula funding.
Also in this section is an update on pension reform.
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