The House Appropriations Committee Wednesday approved $60 million in capital spending for the state’s technical colleges over the next five years — despite the state’s tight purse-strings.
Chairman Jim Fannin insisted that investing in the technical college system will grow the economy and the tax base.
Next year’s method for funding for public schools is a bit up in the air after the Senate Education Committee rejected the proposed formula from the Board of Elementary and Secondary Education.
The formula, called the Minimum Foundation Program, or the MFP, was shot down last week because of a clerical error: BESE sent the legislature a draft of the MFP rather the final version.
A House bill that aims to secure state health care spending passed out of the Senate Finance committee yesterday.
The measure would create the "Hospital Stabilization Fund," which would utilize some hospital profits to draw down more federal dollars to help with uninsured patients.
Friday, the Senate Finance Committee continued to comb through the budget, and discovered there’s a lot left to fund this session.
To get a summary, Senator Fred Mills asked Legislative Fiscal Officer John Carpenter to detail the five top worries that keep him up at night.