May 09, 2005
Funding Schools with Medicaid
Wisconsin public schools have been using Medicare funds to shore up their budgets.
Pinched by the state-set revenue caps, more and more public schools have tapped into a Medicaid reimbursement program that now is pumping millions of dollars into their coffers every year.
Public schools like the program because they don't have to control expenses as much as they would have. The state likes it because they take a 40% cut and put it into the general fund. So thank you citizens of Tennessee, Illinois, Minnesota, New York, and all the rest of the states for helping us not control our spending.
I'll need to work up some cleaver wording but there should be a maxium that states that when "free" money is available government will find a way to grab as much as it can.
"Medicaid Helping Schools Trim Funding Shortages"