Gov. Bill Lee’s Budget for Schools Comes Up Short
Gov. Bill Lee delivered his State of the State address tonight and surprising exactly no one, he failed to make bold new investments in public education in spite of a record surplus in excess of $3 billion.
Instead, Lee proposed continuing to “fully fund” the wholly inadequate BEP formula to the tune of an additional $71 million and add $120 million to the teacher compensation component of the BEP. That’s essentially a 4% increase in the BEP allocation NOT a 4% raise in actual teacher compensation.