Hogan Holds Firm On $68M In Education Funds Instead Of $136M
ANNAPOLIS, Md. (AP) -- Republican Gov. Larry Hogan is holding firm on spending $68 million for an education funding formula for parts of the state where costs are higher, half as much as most Democrats wanted.
Hogan announced the decision Thursday.
The governor says Maryland still is spending more than ever on education.
Democrats made changes to the state's $40 billion budget during the legislative session to make room to restore the funding. But Hogan opposed tapping $75 million in an extra payment that had been initially earmarked to help shore up unfunded pension liabilities
Lawmakers passed a bill in the waning hours of the session to require the governor to fully fund the Geographic Cost of Education Index in future years, if he decided not to for the next fiscal year.
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