Governor Signs School Funding Formula Bill

Legislation overhauling the funding formula for public schools has been signed into law by Governor Blunt. The Governor is on the road, today, taking part in ceremonial signings throughout the state. At the first such event in Jefferson City, Blunt was asked about the lawsuit launched by about 250 school districts over adequacy and equitability concerns. He says the formula was broken and had to be fixed – period. He insists the action was not in response to any legal action. Blunt says the new formula focuses on the needs of Missouri school children rather than the tax capacity of a school district. The legislation increases funding for education by $800-Million over the next seven years. In addition, it guarantees that an annual minimum of $6,117 will be spent on each student. In addition to Jefferson City, ceremonial signings are being held in Washington, Webb City, Belton, and St. Joseph.