Editorial: Gov. Granholm's attack on Prop A misdirected detnews.com The Detroit News:
"Gov. Jennifer Granholm told a Grand Rapids audience last week she wants to rejigger the state school aid funding formula because it no longer is working. But the real problem is Michigan's moribund economy, which has led to a shortage of money from many tax sources.
Granholm argues that the continual decline in school aid revenue is caused by Proposal A, the landmark 1994 property tax reform that switched the majority of school funding from local districts to state government.
In these tough times, all revenues are shrinking. Michigan's educational property tax revenue is down 16 percent. Revenue from the sales tax, three-quarters of which funds schools, has declined 10 percent."
"Gov. Jennifer Granholm told a Grand Rapids audience last week she wants to rejigger the state school aid funding formula because it no longer is working. But the real problem is Michigan's moribund economy, which has led to a shortage of money from many tax sources.
Granholm argues that the continual decline in school aid revenue is caused by Proposal A, the landmark 1994 property tax reform that switched the majority of school funding from local districts to state government.
In these tough times, all revenues are shrinking. Michigan's educational property tax revenue is down 16 percent. Revenue from the sales tax, three-quarters of which funds schools, has declined 10 percent."