Tuesday, August 19, 2008
Committee Approves Funding Compromise
Posted by Mary Cashiola on Tue, Aug 19, 2008 at 4:00 AM
In the ongoing tussle over more than $57 million in city funding, the City Council's budget committee this morning approved a compromise.
Under the terms of the compromise, the city schools would give the city $57.5 million from its reserve fund. The city would then allocate that money back to the school system to meet a state maintenance of effort clause and save the city schools from staring down the gun barrel of a $423 million state funding cut in October.
"The ball will be in MCS' court to fund it," council attorney Allan Wade said. "If they do not fund it, it will be their choice to not fund it."
But when council member Barbara Swearengen Ware asked if the school system was in agreement with the compromise, there seemed to be some reluctance from the district.
To read more, visit In The Bluff.
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