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New Proposal for Old School Funding Formula

School funding formulas are undergoing another round of proposed changes. State Senator Andy Manar is pushing out another round of legislation to alter the way schools are funded.

 

The biggest change from Manar’s early attempts and this proposed bill is that no district will lose any money during the first year of changes. Manar says that schools can spend $30,000 or $7,000 a year on student education but be held to the same student achievement standards. He wants funding that reflects how much a local district has to spend and then allow state aid to flow to a school based on need.

 

 

The new funding formulations and the corresponding dollars that would either increase or decrease along with them would be phased in over 4 years. Giving schools time to adjust funding and spending. A proposition that didn’t make earlier bills. 

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