JACKSON, Miss. (WJTV) – Lawmakers are looking for ways to update how schools are funded.
The House Management and Senate Rules committees voted to hire a non-profit company called EdBuild to look at the funding formula.
The current formula for public schools known as the Mississippi Adequate Education Program, or MAEP was created 20 years ago.
Leading some like Speaker of the House Philip Gunn to believe it needs to be reevaluated.
“A lot has changed in that time not only in the education arena but in our world in general. So it’s time to reevaluate the effectiveness. Is the formula doing what we want it to do? We have made it no secret that we want money going into the classroom,” said Speaker Gunn said
The contract with EdBuild is for $250,000.
Half of that will be paid through private funding.
The rest comes from the state.
The group will present their findings to the legislature who will have to approve any changes to funding.
There’s no timeline on when that may happen.