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House Foundation Formula funding prevails in joint conference committee

May 1, 2002
By: Christopher Shields
State Capital Bureau

A House and Senate Conference Committee agreed on a house proposal to lower the amount of money for K through twelve education to meet the deficit.

Christopher Shields has more from the State Capitol.

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The House bill calls for One Hundred Seventy Five million dollars to fund the school foundation formula.

House bill sponsor Chuck Graham of Columbia says the legislature must find a way to pay for the foundation formula now that the bill is out of conference committee.

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Contents: We need to pass that bill. We need to go into budget. We need to alocate it in budget and we need to pass other revenue enhancement bills that are in both chambers right now and pass enough of them that we can fully fund the 175 million dollars.

The bill awaits final passage by both the house and senate.

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The house version of a bill to lower the amount of money for the school foundation formula prevailed in a House-Senate Conference Committee.

Christopher Shields has the story from Jefferson City.

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The conference committeee unanimously agreed to send a bill to both chambers that would lower funding for the K through twelve school foundation formula to meet the deficit.

Columbia representative Chuck Graham, the house bill's sponsor says the biggest difference between the house and senate bills was how much schools should get.

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Contents: The big issue of course is what is full funding of the school foundation formula and we in the house prevailed and its set at 175 million dollars.

The bill now awaits budget scrutiny and a vote by both houses.

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In a joint committee session house and senate members agreed to send a bill to both chambers that would lowe funding for the school foundation formula to meet the deficit.

I'm Christopher Shields for Missouri Capitol Caucus.

The house version of the bill unanimously passed the conference committee despite the senate version that funds schools by fifty million less.

House bill sponsor Chuck Graham of Columbia discussed what went on in the meeting.

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Contents: The house prevailed with its position that we will fully fund the school foundation formula at 175 million dollars, 50 million dollars above the senat's position and I'm hopeful that we can get that on the floor tonight and get that to the governors desk as quick as possible.

The bill now faces budget challenges and a vote by both houses.

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