A NEW REPORT FROM THE "COUNCIL FOR BETTER EDUCATION......SHOWS SINCE 2008......THE AMOUNT OF FUNDING GOING INTO THE COMMONWEALTH'S
EDUCATION HAS NOT KEPT UP WITH INFLATION.....RESULTING IN A GROW SHORT FALL.....
THE "SEEK" FORMULA IS WORKING AS DESIGNED.....AS IT FAIRLY DISTRIBUTES THE FUNDING THAT IS PROVIDED.....THE PROBLEM IS THE AMOUNT OF FUNDING
BEING PLACED IN THE FORMULA......
ACCORDING TO THE REPORT.....KENTUCKY'S CURRENT "SEEK" BASE GUARANTEE OF $4,326 PER STUDENT WOULD NEED TO EXCEED $5,743 TO MATCH THE
PURCHASING POWER IT HELD IN 2008.......