State lawmakers are excited about state schools Supt. Tom Luna’s proposal to tap the state’s school endowment earnings reserve fund for more than $50 million to help balance the school budget. “I give him credit for coming up with it,” said Sen. Dean Cameron, R-Rupert, “Those are the kind of ideas we need in order to balance this budget.” Sen. Jim Hammond, R-Post Falls, a former school principal, said, “I thought it was a great plan. … We don’t need three years of reserves, we need one year of reserves. I quite frankly am delighted.” Rep. Shirley Ringo, D-Moscow, said, “I would of course love to have that to help alleviate the shortage in our education funding. … I’m going to wait eagerly to see what occurs.”
999 W. Riverside, Spokane, WA 99201
P.O. Box 2160, Spokane, WA 99210
Main switchboard: (509) 459-5000 • (800) 338-8801
Newsroom: (509) 459-5400 • (800) 789-0029
Customer service: (800) 338-8801
© Copyright 2012, The Spokesman-Review
Terms of use • Privacy policy • Copyright policy


No comments on this post so far. Add yours!
« Back to Eye On Boise
You must be logged in to post comments.
Please create a profile or log in here.