Michigan Senate passes $470 per-pupil education funding cut
The Michigan Senate passed a $470 per-pupil funding cut for K-12 education, the Detroit News is reporting this afternoon.
The cuts come as Gov. Rick Snyder signs into a law the 2012 budget, which eliminates several tax cuts, taxes pensions and eliminates the Michigan Business Tax.
The education funding bill passed in the Senate by a 21-16 vote. It offers districts some incentives to regain funding through "best practices" and also has a provision for about $100 per pupil to help districts pay for retirement costs, which state officials said could offset the impact to local districts.