01/13/12  Beebe to Propose Extra Money for Medicaid, Schools

      
LITTLE ROCK, Ark. (AP) - Governor Mike Beebe says he'll call for more than $100 million in additional funding for Medicaid and $55 million for public schools when he presents his balanced budget proposal next week.

Beebe said Thursday that those two increases would be the largest items in an otherwise flat budget for the fiscal year that begins July 1st. The Democratic governor is scheduled to present his proposal on Tuesday, the first day of budget hearings. Lawmakers convene for the fiscal session on February 13th. Beebe said the additional Medicaid funds are needed for growth in the program and said the number would have been larger if an expected shortfall had materialized.

Beebe said the money for schools is based on a legislative panel's recommendation on what it takes to adequately fund them.