Education budget promotes smart investments, property tax relief
ST. PAUL, Minn. – The Education Budget Division released its omnibus finance bill today, which includes major investments for Minnesota’s students. The bill supports important provisions for children, like all-day kindergarten and also provides property tax relief. This bill continues the important goals of this session: investing in Minnesota’s future, growing the economy, and reducing the increased property tax rates that have been faced by families and businesses.
Senator Kent Eken (DFL-Twin Valley) released the statement below following passage of the E-12 finance omnibus bill:
“The E-12 finance bill is a step forward that makes much needed investments in our children’s future. With increased funding in education our children will have better opportunities, especially with the implementation of all-day K. Studies have shown that students who participate do better than their peers down the line.
On top of these smart investments for our children’s education, the increased funding will lower the property tax rates for all Minnesotans. The fiscal trap we’ve seen in the past few years of these rates going up to fill the gaps from cuts to education funding are being addressed. This bill is good for all of Minnesota’s students.”