House and Senate budget negotiators have agreed to fully fund the per-student funding formula for the coming year, as work continues to reach an overall budget deal.
The conference committee agreed to the provision today.
Other items before the committee, including whether to honor cost-of-living increases in negotiated union contracts, remain unresolved. Funding for the pay increases has been a sticking point in budget talks.
Democratic Representative Les Gara says he’s hopeful a resolution can be reached soon; the new fiscal year starts July 1.
Republican House Finance Committee co-chair Mark Neuman says a tremendous amount of work has been happening behind the scenes to try to find a compromise.
