Name: Hobbs says special election may be needed for massive school funding measure #SmallBusinessFunding #SmallBusinessLoans #BusinessCredit #BusinessLoans #Funding [Video]
Uploaded: 2024-05-04T03:09:35+00:00
Description: Prop 123 was used to settle a massive lawsuit over K-12 funding levels. It diverts more than $300 million annually from the State Land Trust for per-pupil funding.

Hobbs says special election may be needed for massive school funding measure [Video]

Prop 123 was used to settle a massive lawsuit over K-12 funding levels. It diverts more than $300 million annually from the State Land Trust for per-pupil funding.

PHOENIX — A tool Arizona uses to fund schools must go back to voters for re-authorization before it expires in July 2025.

The problem?

The Arizona State Legislature and the governor’s office can’t agree over details of the ballot referral.

Passed nearly a decade ago, Prop 123 was used to settle a massive lawsuit over K-12 funding levels. It diverts more than $300 million annually from the State Land Trust for per-pupil funding.

Asked Wednesday if she was willing to call a special session if the legislature cannot agree on a Prop 123 extension for the November ballot, Governor Katie Hobbs told 12News there are two options.

“If we can’t get movement during the regular session then that’s an option. Another option is do …

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