Education groups drop lawsuit against tax commissioner

A coalition of education groups has dropped its lawsuit against Tax Commissioner Tom Pelham.  Pelham has now complied by recommending a two-cent cut in the residential rate. But the battle over education funding is expected to be a key issue in the 2009 legislative session.

Commissioner expects $20 million education surplus

Tax Commissioner Tom Pelham says he expects at least a 20 million dollar surplus this year in the state’s Education Fund. Pelham says rising property values over the past three years is a major reason why the fund is doing better than the overall state economy.