Utah governor hails education plan that could triple funding
BOUNTIFUL — Gov. Gary Herbert is praising a compromise plan that could nearly triple state education funding in five years.
The Republican governor gave his remarks Monday during a signing ceremony for the measure at Meadowbrook Elementary School in Bountiful.
The measure will ask voters to decide in November whether they want to approve a 10 cent increase in the state’s gas tax. Combined with other funds and a freeze on state property tax rates, that tax would increase education funding by $386 million in 2023.
The compromise was reached by lawmakers and the Our Schools Now initiative, which had previously pushed for a ballot initiative that would have increased education funding by $715 million through a hike in state sales and income taxes.