We love Mid-Del Superintendent Rick Cobb’s in-depth analysis of issues that are next to impossible for someone without a mathematical brain and intimate knowledge of school finance to understand. We also understand that his analysis is also rather lengthy and full of brain bending policy and financial interpretations. So, we’ll try to summarize.
Basically, the legislature capped the portion of our Motor Vehicle taxes given to schools at 2015 levels via and made it possible to actually send less money to schools in the event that the funds decline. This has affected schools across the state at different levels — some schools are getting less money, and some are getting more. This is not equitable.
Despair and Disparity
Meanwhile – and I only point this out to illustrate the disparity – other districts have benefitted from the OTC interpretation of HB 2244 to the extent that they aren’t down at all this school year. While we are all bracing for cuts next year, some districts are in vastly better financial shape than others. Indeed, tweaking the formula has produced an unintended consequence.