What’s in the plan?
Friday, May 19, 2006
The governor has locked down info about next week’s school funding announcement, but here are a few details that have leaked out so far:
Â· It will reportedly be funded in large part by a long-term lease of the tollway system
Â· Underperforming schools (based on testing) will reportedly be targeted. They will have to apply for new infusions of money, but then agree to improve performance or be taken over by the state within two years.
Â· Some sort of pilot project for vouchers is also reportedly in the mix.
Â· Lots and lots of rumors about some sort of pension bond plan, but I haven’t been able to confirm anything.
UPDATE: A different source “familiar with the plan” says the tollway sale is not the funding source. Stay tuned.