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Governor Rendell Proposes Budget With No Tax Increase, More Money for Public Schools, Strategy for Jobs, Plan to Address Future Deficits
Date:2/9/2010

e revenues are now running only two percent below estimate."

Last year, the commonwealth faced a $3.2 billion revenue shortfall during the recessionary national economy. The Governor today estimated the gap for the end of the current year at $525 million.

Investing in the Pennsylvania's People

The proposed 2010-11 budget includes $12.3 billion for education, or about 42 percent of General Fund spending.  More than $9.5 billion would go toward basic education, an increase of $448 million, or 4.9 percent. The basic education subsidy to school districts would grow by $354.8 million, or 6.4 percent, to $5.9 billion, as Governor Rendell maintains his commitment to the six-year phase in of adequate statewide education funding called for in the General Assembly's costing out study.

The Governor noted that over the last seven years, the commonwealth has increased annual state spending for public education by more than $3 billion. In the process, it has enacted a school funding formula that is closing the "adequacy gap."  

Education Week recently said that in just six years, Pennsylvania moved from 24th place to 10th place in percentage of kids performing on grade level in 8th grade math.  In reading it moved from 16th to 6th in the nation for the percentage of fourth graders reading at grade level. The Center for Educational Policy – a highly respected think tank in Washington -- found that from 2000-2008, Pennsylvania was the only state to show significant improvemen
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SOURCE Pennsylvania Office of the Governor
Copyright©2010 PR Newswire.
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