Posted on 08/11/2010 4:53:05 PM PDT by pissant
South Dakota may not be able to use more than half of the federal aid it's due to get from a jobs bill passed Tuesday by Congress because of state rules on spending for schools, Gov. Mike Rounds said.
South Dakota can accept an extra $21 million in federal money for the Medicaid program that provides health care for poor people, Rounds said.
But it might not take an extra $26 million in education aid because acceptance of the money could trigger an increase in local school districts' property taxes under the language of South Dakota's school funding law, the governor said. The federal money also would boost public education spending for one year but provide no way to maintain that level of spending in future years, he said.
Rounds said South Dakota and other states will wait to see how the U.S. Department of Education writes rules for the program in a month or so. States need flexibility in using the school money, he said.
(Excerpt) Read more at businessweek.com ...
Nice pick!
Any state takes that money, the goverment has them by the cojones.... =.=
Wise move. Federal money comes with federal strings. (chains actually)
Rounds seems very solid from everything I’ve read to date.
Mine too, Pissant. He’s a solid two-term Governor. Great guy.
This can’t hurt:
Governor says SD budget balanced at end of year
PIERRE, S.D. — South Dakota’s state budget was balanced without the use of reserve funds at the end of the budget year on June 30, Gov. Mike Rounds said Friday.
He doesn’t have a girl friend in South America does he?
Or a boyfriend in Fannie Mae?
I read that. Looks to be a solid man. Why not?
While I disagree with federal handouts, South Dakota’s school aid formula that is hampering schools from getting these funds has been a failure for a decade and is based on ridiculous assumptions about costs. Nearly 80% of school districts have had to seek exemptions from the funding limits because they could not afford basics like heating oil or increases in insurances costs. South Dakota teachers are still the lowest paid in the nation and many of the state’s school buildings are crumbling.
Our schools are funded to the gills in most school districts and they stink to high heaven nonetheless, especially in the larger cities.
We could do worse . . .
“Wise move. Federal money comes with federal strings. (chains actually)”
Indeed! Remarkable how a bunch on the left said Palin indicated Palin was stupid for turning down a bunch of Federal monies...
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