Staff Publications Subject(s): Education & School Finance (Pre & K-12) Published: February 1, 2011 Agency: Legislative Council Staff The forecast for the State Education Fund and the level of General Fund appropriations have changed from when the General Assembly adjourned in May 2010. The ongoing economic recession is affecting forecasts for property values and income tax receipts, which in turn are placing pressure on state aid appropriations. Despite projected increases in General Fund revenue, declining local taxes are putting pressure on the State Education Fund to support education funding. Download Document
