Currently, the state supplies about 60 percent of local education funding; if lawmakers approve the plan, that proportion would rise to 75 percent. (edweek.org)
Furthermore, the new cap on federal income - tax deductions for individuals will jeopardize state and local education funding in states such as California, Connecticut, New Jersey, and New York. (educationnext.org)
MA State Senate ended up passing the Rise Act, which tied charter cap increases to an increase in local education funding for 7 years and would cost 203 - 212 million per year. (debsedstudies.org)