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Superintendent warns state funding formula changes shifted money toward charters; board briefed on review
Summary
District staff walked trustees through the State Aid to Classrooms formula and recent House 1/House 2 changes, saying the formula’s structure produced a large funding shift to charter schools despite only small student enrollment changes.
Lexington County School District One trustees heard a detailed presentation on the State Aid to Classrooms funding formula on Oct. 21, during which district staff said changes under the recent legislative cycles produced a disproportionate allocation of new state dollars to public charter schools compared with traditional districts.
The presentation traced new state allocations over three years and explained that initial House 1 calculations would have directed a much larger share of new funding to charter schools; state negotiators later modified the formula to produce House 2, which…
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