Iowa’s Education Spending to Bloat State Budget

branstadThe Cedar Rapids Gazette had a story before Thanksgiving on how Governor Terry Branstad expected to have a challenging budget cycle over the next two years.

Rod Boshart reports:

Projections assembled by the Legislative Services Agency expect the state treasury to have a $520.4 million surplus on June 30, 2015. But nearly $500 million in built-in and anticipated spending increases could drive net state appropriations to $7.43 billion in fiscal 2016. That figure does not include new money in state aid for K-12 school beyond teacher upgrades under education reform commitments or increased compensation for state employees. (emphasis mine)

Challenging may be an understatement.  Education spending has largely been responsible for driving up our state budget costs and it already exceeds 60% of the state budget.  I’m curious if this figure also includes the cost for Smarter Balanced assessments (that the Legislature still needs to approve). The Iowa Department of Education states that Iowa’s Teacher Leadership and Compensation system is expected to have an annual cost of $150 million when all districts are participating. *Chump change.*

HT Education in Iowa

About Shane Vander Hart

Shane Vander Hart founded Iowans for Local Control in 2012 which later merged with Iowa RestorEd. Shane also is the founder and editor-in-chief of Caffeinated Thoughts and the founder and president of 4:15 Communications, LLC, a social media & communications consulting/management firm.  You can connect with Shane on Facebook or follow him on Twitter and Google +.

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