School funding structure
- Michelle Wood: SWCD
- January 25, 2010
- 799
The expected revenue for FY2010 is $37,886,835. That is almost $1 million dollars less than the school system operated on in FY2006. Running the district with a revenue reduction like this has certainly been a challenge and the reason the community will see a request for new operating dollars in May. The chart below details a visual of this scenario as well.
The fundamental structure of school funding established by H.B. 920 maintains revenue at essentially the same level regardless of inflation. As expenses inevitably grow due to inflation, an Ohio school district has no other way to meet these costs but to pass an operating levy. In our next column we will address, in more detail, the phenomenon of H.B. 920.
The WCSD welcomes your feedback and is particularly interested in your thoughts for the information above. Send your questions, comments, or general inquires to info@woostercityschools.org and watch the next edition of the Wooster Weekly News for our reply.
Thank you and Go Generals!!