FUNDING OUR CHILDREN FOR SUCCESS A Strategy for Sustainable and Equitable K-12 Finance Reform in South Carolina November 2017
FUNDING OUR CHILDREN FOR SUCCESS A Strategy for Sustainable and Equitable K-12 Finance Reform in South Carolina Why is our current How can a student- How will it affect the What do we need K-12 education centric, “back-to- state, individual to do to get there? basics” approach funding formula districts, and our failing our restore sustainability students? children? and equity to our schools?
“
Education Education Improvemen Lottery t Act (1984) (2000) Act 388 Education (2006) Finance Act (1977) General Fund SC DOR Calculations LOCAL FEDERAL SC RFA Calculations General Assembly vote FUNDS FUNDS TIER 3 TIER 2 TIER 1 LOCAL Bonds LOCAL Fees, etc.
$12,695 $12,794 $12,431 $12,318 $12,198 $12,172 $12,232 $12,095 $11,985 $11,939 $11,947 $11,805 $11,835 $11,450 $11,484 $11,447 $11,295
EFA 2.0
Total District students + Weighted District Foundation values for Amount Funding exceptional needs students Amount
District's District's Total Uniform Assessed Minimum Minimum Property Millage Rate Local Effort Value
IMPACT
TRANSITION
FUNDING OUR CHILDREN FOR SUCCESS A Strategy for Sustainable and Equitable K-12 Finance Reform in South Carolina
Recommend
More recommend
