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Wednesday, April 4, 2007

NUTTER: General Funds for Schools

I want to increase the amount of local dollars while decreasing the share of local dollars. As Mayor, I will work with City Council to pass legislation that will increase the allocation of the property tax revenues going to schools.

As a member of City Council, I supported then-Mayor Rendell’s request for an additional tax on drinks, which provided additional funding for the School District. As Mayor, I will work with Council to provide additional City funding for the School District, by changing the allocation of local property taxes that go to schools - from 58 percent to 60 percent. This would shift approximately $18 million per year to schools. These new educational resources will be evidence of the City's increasing financial commitment to the educational success of its children, and this commitment should be matched by a new state commitment and private sector/foundation funding of at least the same amount. As a result, $18 million in new city revenue will leverage a minimum of $36 million in total new resources for education.

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