John Nixon talks proposed 2015 state budget on WGVU-TV's "West Michigan Week"
Patrick Center February 14, 2014 | WGVU The focal point of Governor Rick Snyder’s fiscal year 2015 budget is increased education funding. The total amount for K-12 is $11.7 billion, the governor and budget director John Nixon like to point out that’s a $1 billion increase from the 2011. The budget should increase per pupil funding by $83 to $111.Nixon points out there’s also money for paying down liabilities.
“Part of the issue is you have a lot of retired teachers and retired school workers and their pensions haven’t been adequately funded. Those in the system now their pensions haven’t been adequately funded. Now we’re funding all our long-term liabilities but the good news is that this year we had enough growth in revenue that we’re able to do that $270 million, which is a chunk of money, we’re also able to put $150 million into the classroom through the foundation allowance which we haven’t been able to make that kind of strategic investment over the past years.”
The West Michigan Week gang will talk tax breaks and Rainy Day Fund savings among other things with state budget director John Nixon tonight @ 8:00 on WGVU-Life Channel and again Sunday morning @ 10:00 on WGVU-HD.
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