Education Funding

EDUCATION FUNDING. INITIATIVE CONSTITUTIONAL AMENDMENT. Amends Constitution to add the provision that from all state revenues there shall first be provided a minimum level of support for public education in grades kindergarten through twelve in an amount equal to that available from state and local tax sources to these public school systems for the 1981-82 school year adjusted for enrollment and the consumer price index. Fiscal impact on state or local governments: If this amendment is adopted and implemented, state costs would increase approximately $400 million in 1982-1983 and $850 million in 1983-1984