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Beebe Proposes More Money for Schools & Prisons in $5B Budget

Governor Mike Beebe proposed $105 million in new spending for the budget year that starts July 1.
LITTLE ROCK, AR - Governor Mike Beebe proposed $105 million in new spending for the budget year that starts July 1.

The 2015 fiscal year proposed budget tops out at over $5 billion.

The budget requests and additional $65 million for K-12 schools, $3 million to open 300 prison beds and $26 million for the Department of Human Services.

The Department of Finance and Administration presented the budget to lawmakers on Monday at the state capitol in Little Rock.

DF&A director Richard Weiss says the additional money for the Department of Correction will ease overcrowding in county jails across the state.

Weiss also added that an estimated $89.2 million will be saved as a result of the general assembly implementing the private option in 2013.

"We've counted on the savings to finance all the other stuff," Weiss says.

The legislature will have to vote again when the fiscal session begins in February whether to continue funding the private option.

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