Jackson Local will see the largest percentage increase in state funds under the new funding formula, hitting the 25-percent cap for additional funds. Canton City Schools will receive a 13.79-percent increase in state funding.
Preliminary figures released Wednesday show most Stark County districts will not see an increase in state funding in the next two years of Gov. John Kasich’s “Achievement Everywhere Plan.”
Surprisingly, Jackson Local will see the largest percentage increase in state funds under the new funding formula, hitting the 25-percent cap for additional funds.
Don’t mistake that to mean the state is rewarding the wealthiest districts, said Barb Mattei-Smith, an adviser with the Governor’s Office of 21st Century Learning.
“In suburban areas, tangible personal property values went away. Some had a 35-percent decrease in property values,” she said.
Mattei-Smith said that because the state has been without a core funding formula, many districts that are considered wealthy have experienced no funding changes at the same time they dealt with large increases in student population and decreased property values.
Jackson Local’s 25-percent increase brings its funding for fiscal year 2013-14 to $4.9 million, an increase of $981,154.
In comparison, North Canton City Schools, which will not receive additional funds, gets $12 million in 2013-14.
The second largest budget increase is at Perry Local where a 17.25 increase in state funds is estimated. The district will see about $2.27 million more at $15.4 million.
Does this mean more state money is being funneled to the wealthiest districts?
Mattei-Smith said no, the greatest amount of state money is going to the poorest districts.
Canton City Schools will receive a 13.79-percent increase in state funding. The $74.8 million it will get from the state in 2013-14 is more than $9 million more than last year’s budget.
“All data is still an estimate. It will change and continue to change as we go through the process,” said Mattei-Smith Wednesday.
The dollar amounts allocated on the estimates released, she said, do not reflect the charter money deducted from the public districts because there is no way of knowing what that will be.
“The charter schools in play change every year and the number of students change,” she said.