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The on-line Nugget does not feature all the stories of our print edition. For all the news, subscribe here. ©
2002 Display
Advertising The
contents of the on-line edition of The Nugget represent a selection
among the stories that appear in the weekly print edition. |
Schools
await fate of funding measure Sisters schools
stand to lose $150,000 if voters reject Ballot Measure 19 on September 17.
The measure would convert
Oregon's education endowment fund to an "education stability fund" and
allow the legislature to tap the fund for $150 million to shore up badly
depleted school budgets.
The fund would be replenished
with lottery dollars at a rate of $10 million per year -- with a corresponding
reduction in lottery funding for other programs.
Sisters schools included the
Measure 19 funds in the budget last spring. The measure's failure at the
polls would trigger cuts.
Proponents of the measure
argue that the funds are urgently needed to stave off cuts that would
raise classes sizes and eliminate programs.
Opponents believe that the
measure is an accounting gimmick that allows the legislature to avoid
real efforts to create long-term, stable funding for education.
The fate of Measure 19 is
only part of a grim financial picture for Oregon schools -- Sisters included.
Revenue forecasts continue to be revised downward as economic recovery
remains elusive. |
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