Fiscal Policy & Taxes 2017 Education Budget Outlook Presentation Subject: Education & School Finance (Pre & K-12) Fiscal Policy & Taxes State Revenue & Budget Published: February 9, 2017 Publishing Agency: Legislative Council Staff Where are we? 11.5% lower than the formula Local share falling or slowing State Education Fund close to depleted General Fund budget in cutting mode How did we get here? Business cycle, demographic changes, and constitutional requirements Where are we going? Slower revenue growth Greater pressure on expenditures Download
