School funding changes proposed by Governor John Kasich would mean increases for Marion City Schools and River Valley. Other county school districts would see flat funding over the next two years. Kasich announced the plan last week, but numbers showing how the plan would affect local districts were just released on Wednesday.
The Governor’s Office released the following district-by-district projections of how Kasich’s plan could play out over the next two years.
District – FY 2014 – Change – Pct – FY 2015 – Change – Pct
Elgin – $5,424,329 – None – 0% – $5,424,329 – 0% – Details
Marion City – $33,274,570 – $2,087,013 – 7% – $34,879,206 – $1,604,636 – 5% – Details
Pleasant – $3,430,212 – None – 0% – $3,430,212 – 0% – Details
Ridgedale – $2,877,739 – None – 0% – $2,877,739 – 0% – Details
River Valley – $4,846,267 – $430,661 – 10% – $4,851,483 – $5,216 – 0% – Details
Kasich says the new formula is aimed at bridging the wide gaps in income and property values among districts and is meant to make school funding constitutional by increasing poor districts’ revenue to mirror what wealthier districts can raise through property taxes.
When he announced the plan last week, Kasich pledged that no district will lose money under the new formula over the next two years.
About Marion Online News
