Education advocates: Thanks for Prop. 123, but we need a billion more

EducationBy Howard Fischer | Capitol Media Services/Arizona Capitol Times

Calling the money from Proposition 123 a nice start, education advocates are now demanding lawmakers restore the other $1.2 billion they say has been cut from K-12 funding since 2009.

Dick Foreman, president of the Arizona Business and Education Coalition, said during a press conference Monday at the Capitol that the money is there. He said it’s time for lawmakers to revisit the hundreds of millions of dollars in tax credits that have been granted, largely to businesses, including a batch of credits enacted in 2011 that Dana Naimark of the Children’s Action Alliance said will cut revenues by $700 million by 2019.

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