Some Republicans seek end to automatic school money demands
The current school funding formula is adjusted every year to account for inflation and is recalculated every four years to cover changing costs. Reeves said other state agencies don't benefit from automatic increases in budget recommendations. "There's not a predictable inflation rate in the lieutenant governor's office, now should there be," Reeves told The Associated Press on Friday. The consumer price index rose by an average of 1.4 percent in each of the last five years, according to the U.S.... Читать дальше...