- Associated Press - Wednesday, April 2, 2014

JUNEAU, Alaska (AP) - The House Finance Committee rejected efforts to add more money to the per-pupil education funding formula.

The committee, on a 5-5 vote, failed to approve a proposal by Republican Rep. Lindsey Holmes to add $485 to the current base student allocation over three years.

The committee, in its rewrite of Gov. Sean Parnell’s education bill, proposed adding about $300 over three years. Parnell proposed adding about $200 over three years.

Holmes said it appeared the amount proposed by the committee would leave some districts short of what they need to avoid cuts. Critics said lawmakers needed to look at what was realistic and affordable.

Minority Democrats pushed for about $800 more over three years, with additional money if legislators failed to provide at least $25 million in a budget bill.

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