The Richmond Palladium-Item has a story on education funding. The article points out that the General Assembly avoided raising taxes to fund education by shifting that burden to local school boards.
Without new local taxes, Richmond Community Schools would see a 1.7 percent cut in school revenues or a loss of about $667,553 in 2006. Another 1.7 percent cut would occur in 2007, superintendent Allen Bourff said.
. . .
“Things will be extremely tight,” Backmeyer said. “We don’t have any choice. The Legislature has acted, and we have to react. How long we can make things work in the face of rising costs and higher expectations, I don’t know.”
Schools need increases each year to meet teacher contract obligations, rising gas and diesel prices and soaring health care costs, superintendents said.