Philadelphia Schools receive a 1.6 percent increase in funding
After all of the pomp and circumstance, Philadelphia received only a 1.6 percent increase in aid from the state for schools.
Gov. Tom Corbett and state legislators submitted a plan last night that offers less than half of the $304 million hole in the school district’s budget for the 2013-14 school year.
For comparison, Allentown schools received an 11 percent increase, Lower Merion received 3.3 percent, Upper Darby 10 percent.
The state plan includes about $140 million for Philly schools. About $15.9 million of that plan is new funding.
About $30 million will be dedicated to help the city collect back taxes more aggressively.
About $45 million in federal debt will be waved, and about $50 million will be borrowed against the extension of the 1 cent sales tax. Lawmakers said a 1-cent sales tax extension would raise about $120 million in the next few years.
The cigarette tax proposed by Mayor Michael Nutter, which was supposed to raise about $45 million, was not approved. This makes both of Mayor Michael Nutter’s proposals, including the increase in the liquor-by-the-drink tax, obsolete.
The state is also hoping for as much as $133 million in concessions with the teacher’s union. If agreed upon, the total plan could raise about $270 million.