July 11, 2007
Governor Tim Kaine said that he still plans to offer a universal, but not mandatory, pre-kindergarten program in Virginia without raising taxes.
Kaine said, after a Virginia School Boards Association, that the program for 4-year-olds will have to be phased in and has an estimated cost of about $300 million a year.
A new study says that while a publicly funded preschool for Virginia would be a wise investment, it could cost more than Kaine predicts. The study was done by the Economic Policy Institute.
In the study it estimated that, if implemented by 2008, a high quality program for 3 and 4-year-olds would cost nearly $850 million. The study said that the program would start paying for itself in 11 years.