Tax Revenue Projections Highlight School Funding Path
The article describes projected school funding under Governor Wallace, including a potential $66 million surplus use and a plan to raise the current year appropriation toward $222.7 million and $229.5 million in the following year. It notes a 1963-64 surplus of $17 million and an estimated $206 million revenue for the current year, with expectations of a 5 percent annual tax revenue increase.
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