Governor Snyder will propose an increase in K-12 school spending.
His state budget, on Wednesday, will ask for $11.7 billion for the 2014-2015 school yearâ€¦ up from $11.4 billion in 2013-2014. 80% of the increase will go towards school retirement costs, which have spiked dramatically in the past five years, and continue to rise. Although, spending on K-12 education has increased, since Snyder took office, many districts around the state still lack the fundingâ€¦ mostly because of the rising retirement costs. Snyder is also proposing an average $100 increase to schools for each student they have.