Critics of Florida's tax credit scholarship program often say it's a "drain" on public school funding. But yet another credible report underscores how much that's not the case.

The little-known “impact” report, issued last week by Florida’s Revenue Estimating Conference, brings genuine financial context to the scholarship program, which helps low-income K-12 students. It says, with a degree of professional precision, that the Florida Tax Credit scholarship will save taxpayers $57.9 million next year (line 55, page 36).

That number is at odds with the financial lament of some opponents, such as Rep. Dwight Bullard, a Democrat from Miami-Dade. In his passionate opposition to HB 859, a bill that that expands the program and now sits on Gov. Rick Scott’s desk, Bullard told his colleagues the scholarship “has cost all of your respective school districts million and millions of dollars in lost revenue” and tried to pit scholarship schools against district schools.

“We're talking about funding a program that, yes, we can all agree is successful,” Bullard said. “We can always point to the fact that it helps low-income and minority students get out of a bad situation and get into a better one. … But here's the question: When are we going to stop adding to the bad situation that they're trying to run from?”

Bullard’s plea to increase funding for public schools is sincere and commendable, but his attempt to use scholarships as a foil is neither. (more…)