NFIB Celebrates a Win with Proposition 123

Date: May 31, 2016

Plan funds schools without raising taxes.

NFIB Celebrates a Win with Proposition 123

Voters approved Proposition 123 late last month, ending a years-long legal battle over funding for Arizona’s schools.

NFIB supported the ballot measure because it will provide
$3.5 billion for K-12 education over the next decade without raising taxes.
Much of the funding will come from Arizona’s land trust fund.

“Proposition 123 will secure billions of new dollars flowing
to our kids and teachers while also protecting our state’s balanced budget and
rejecting the need to raise so much as one penny in new taxes,” NFIB/Arizona
State Director Farrell
Quinlan said
earlier in the year.

The proposition arose after a lawsuit in 2010 accused Arizona
of not appropriately funding its schools during the Great Recession.

“This is a huge victory for public education in Arizona,”
Gov. Doug Ducey said in a statement.
“After years of lawsuits and fighting, we are moving forward and funding our
teachers, students and schools—instead of lawyers.”

Related Content: Small Business News | Arizona | Economy | Taxes

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