Firm Hired To Study Education Funding

Mississippi’s republican legislative leaders want to re-write the state’s education funding formula saying they want to put more money into the classroom and less into administrative expenses.
On Tuesday, legislative committees hired a private firm out of New Jersey called Edbuild to study how the state spends money on K-12 education.
House speaker Philip Gunn says the goal is to have a new formula for legislators to consider in the 2017 session.
The current formula, the Mississippi Adequate Education Formula, was put into law back in 1997 but has only been fully funded twice. It is designed to give every school district across the state enough money to meet mid-level academic standards.