State leaders looking for ways to change how schools are funded

JACKSON, Miss. (WJTV) — Some 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.

Lt. Gov. Tate Reeves and House Speaker Philip Gunn talked about the funding Tuesday.

Gunn to believes MAEP should be re-evaluated.

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.

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