Is Senate Bill 193 An Antidote To Priority Schools, A Social Impact Bond, or a WEIC Alternative?

This is a very interesting piece of legislation introduced today.  This is almost like an anti-priority schools bill.  Take the schools with the most economically disadvantaged students and offer grants to those schools at up to $1 million a year for three years.  It looks great, but I don’t recall seeing these funds in the budget.  So where are the funds coming from?  The bill only says the funds would be appropriated from the state.  It doesn’t specify if these funds would come from the general funds or what the source of revenue is for this.  If this is a social impact bond deal, I can’t support that.  I have many questions with this one.  The Joint Finance Committee slashed education proposals in the budget mark-up last week so why would legislators introduce a new bill that guarantees grant funding of $3 million by the Delaware DOE for the next three years beginning in August 15th of this year?  Unless…

Could this be a way of getting funding through in the event the Wilmington Education Improvement Commission redistricting plan doesn’t pass?  The devil is in the details on this one…