Missouri lawmakers approve cap on K-12 education funding formula growth

Over the objections of Democratic Gov. Jay Nixon, Missouri lawmakers have approved a measure reinstating a cap on how much the amount of money called for by the formula for funding K-12 schools can grow.

In action Tuesday, the GOP-led House followed the earlier lead of the Republican majority in the Senate to reinstate a 5 percent annual cap on the growth of the state’s foundation formula, which determines how much state money should go to public schools. The measure is meant to make it easier to fully fund the state’s basic aid for schools.

Supporters said the new plan would be better for school districts when it comes to budgeting because they’d know how much they are going to receive each year.

Democrats echoed earlier comments by Nixon, who said the maneuver allows lawmakers to appear as though they have fully funded K-12 education when they have not.

The measure advanced to Nixon’s desk on a veto-proof 116-38 vote.

Read more: St. Louis Post-Dispatch, Missourinet

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