State funding for school construction and maintenance has declined by 85 percent over the past five years. That's because the funding for the Public Education Capital Outlay program comes, in part, from a tax paid on the use of landline phones. Imagine the irony of relying on the use of landline phones to help support the construction and maintenance of schools full of kids who can barely recognize a landline phone. It's the definition of unsustainable.
This legislative session, I worked with the Florida Legislature to create a long-term, sustainable source of funding for school construction and maintenance. We proposed shifting a portion of the revenue from the tax businesses pay on their electric bills to support PECO. This is a growing and reliable revenue stream that will provide more than $160 million per year to support Florida's classrooms.
What's more, it's for a good cause.