Spokane7
45°Quick links: 2012 graduating seniors • Summer camp guide • Jobs: The Road Ahead • Prep sports • News quiz
In response to a question from Sen. Steve Bair, R-Blackfoot, state schools Supt. Tom Luna said the public school earnings reserve fund he wants to tap to avoid deeper school budget cuts was set up specifically to ensure payments to schools. “Remember that 10 years ago, this reserve fund didn’t exist and those moneys would have gone directly to schools,” Luna said, “so this $90 million wouldn’t exist.” Luna said he wants to take two-thirds of the money, still leaving a year’s worth of payments in reserve. When Bair asked his timeline for asking the Land Board to approve the move, Luna said he’ll bring it up at their February meeting. Senate Finance Chairman Dean Cameron, R-Rupert, said lawmakers would have to have approval by then in order to set the school budget.
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.