Capital Budget - Education
Lets be more specific here in case some people are misled. $262 million is a lot of money but as a percentage of the entire capital budget it is only represents 34% of the total capital budget over 3 years. The percentage of contributions to education has been declining steadily over the same time period which some people might call a cut in funding - thus, perhaps, the slight of hand.FY2007 funding would bring three year total for schools to $262 million
2005: $94.7 milllion for education and 48% of the capital budget
2006: $78 million and 33% of the capital budget
2007: $80 million and 24% of the capital budget
Good? Bad? You decide.
I think he knows he may get blasted in some quarters for the drastic increase in the capital budget and how little (as a percentage of the budget) education is getting despite the much needed improvements the school board has asked for.
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