JACKSON, Mississippi — Mississippi's Republican legislative leaders said Tuesday that they want to rewrite the state's nearly 20-year-old education funding formula to put more money into the classroom and less into administrative expenses.
Lt. Gov. Tate Reeves and House Speaker Philip Gunn said the Senate Rules and House Management committees on Tuesday hired a private, nonprofit firm called EdBuild to examine how the state spends money on K-12 education. Gunn said the goal is to have a new formula that legislators could consider during the 2017 session.
The current formula, the Mississippi Adequate Education Program, was put into law by a Democratic-controlled Legislature in 1997 over the veto of Republican Gov. Kirk Fordice, but it has been fully funded only two years. It is designed to give each district enough money to meet midlevel academic standards.
Republicans have been in control of both chambers of the Legislature for the past five years...
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http://blog.gulflive.com/mississippi-press-news/2016/10/revamp_of_mississippi_educatio.html
