TITLE

Arkansas Lawmakers Mulling Their School Funding Options

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
December 2004
SOURCE
Bond Buyer;12/28/2004, Vol. 350 Issue 32038, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the task force charged with recommending funding options for up to $2.3 billion of school facilities improvements in Arkansas recently suggested a slew of proposals that could help the state bring its approximately 6,500 public school buildings up to an equalized standard. The proposals range from increasing property taxes to implementing a state lottery. Revenue from such new funding sources would likely back a major statewide bond issue or supplement local borrowings. In 2002, the Arkansas Supreme Court ruled that the state's method of funding public education is neither adequate nor constitutional.
ACCESSION #
15505563

 

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