Future Costs of Idaho SB 1038’s Universal ESA Projected to Rise Sharply

Draining Funds From Public Education
Written By Idaho Center for Fiscal Policy

EXCERPT

Senate Bill 1038, which is before the Idaho Senate, would create a universal private education program. According to the bill’s fiscal note, in its first year (FY2024) Freedom in Education Savings Accounts (ESA’s) would cost the state about $45 million in Fiscal Year 2024 by serving about 6,600 Idaho students and providing administrative funds for the new program.

Idaho Center for Fiscal Policy https://idahofiscal.org/
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