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Report 344 ( September 2006 ) 32 pages

Proposal 2006-05: Educational Funding Guarantee Law

The Citizens Research Council has released its analysis of Proposal 2006-05, the Educational Funding Guarantee Law, a statutory initiative that Michigan voters will be presented with at the November 7, 2006, general election. The proposal would amend the State School Aid Act to guarantee a minimum amount of state funding for K-12 schools, community colleges, and universities in Fiscal Year 2007 (FY07). For all years after fiscal year 2007, the proposal would guarantee funding increases equal to the annual change in inflation.
Report 344 ( September 2006 ) 32 pages

Proposal 2006-05: Educational Funding Guarantee Law

The Citizens Research Council has released its analysis of Proposal 2006-05, the Educational Funding Guarantee Law, a statutory initiative that Michigan voters will be presented with at the November 7, 2006, general election. The proposal would amend the State School Aid Act to guarantee a minimum amount of state funding for K-12 schools, community colleges, and universities in Fiscal Year 2007 (FY07). For all years after fiscal year 2007, the proposal would guarantee funding increases equal to the annual change in inflation.

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