While the area of school finance is complex, some basic principles make it understandable to the average citizen, including:
- The number of children enrolled in each district determines a district’s budget/revenues.
- The General Assembly through the finance formula “equalizes” funding statewide so the “cost per student” is roughly the same in every district and every student has access to quality education.
- The Governor recommends the annual change in per pupil allowable growth. The General Assembly is responsible for passing legislation to establish the annual increase in the “cost per student/allowable growth”.
- Property taxes matter. They determine how much money each district receives in state aid.
- Funds are restricted. We can only use funds on what the legislature tells us we can.
- Schools are budget limited. Most other public entities are property tax rate limited. This difference is monumental.
I would like to congratulate the winners of the most recent board election. Dave Heller-District 2A, Scott Hodne-District 1A, and Lynn Barry-At Large will be serving 4 year terms.
My first “Coffee with Central Office” will be on October 5, in the Manilla Cafeteria starting at 9:30 a.m. This “Coffee” is an informal meeting with the general public to discuss and update our patrons on the IKM-Manning Schools.
Next week is Homecoming