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The Michigan Education Finance team continues to work on drafting the proposed Michigan Public Education Finance Act (PEFA). As we get closer to submitting the final PEFA Report to Governor Rick Snyder, we will be transitioning to the new PEFA Project website. Please continue to visit the PEFA Project website, www.pefaproject.com, for further information and project updates.
The Michigan Education Finance Project is drafting a “Michigan Public Education Finance Act of 2013” to replace the School Aid Act of 1979. The project to rewrite the School Aid Act is based on Michigan Governor Rick Snyder’s Education Message Proposals that includes:
The project to replace the 43-year old School Aid Fund will not address special education, private or nonpublic schools and early childhood issues.