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County staff propose formula to stabilize K–12 operating funding; agreement to return in January
Summary
County staff proposed a formula tying local current expense funding for K–12 operations to a fixed percentage (about 37%) of major county revenue sources to create predictability; staff will finalize emergency-adjustment language and bring a revised agreement to the board on Jan. 6.
County finance staff presented a proposed operating-funding formula for K–12 local current expenses and told commissioners they will return with a finalized agreement in January.
John Hudson summarized staff analysis and said the proposal would base local current expense funding on a fixed percentage of major county revenue sources (primarily property and sales taxes). Using recent actuals rather than budget projections, staff calculated a share in the range of roughly 37.06% to 37.76% as a sustainable baseline. The funding split between the two school systems would remain governed by average daily membership formulas (approximately an 85/15 split by ADM).
Hudson said capital funding streams remain statutorily protected and are not affected by the operating-funding agreement. He also said staff are drafting emergency-adjustment language to handle enrollment changes or other extraordinary circumstances and that the revised agreement will be presented for board consideration at the Jan. 6 meeting.
Next steps: county and school staff will finalize emergency language, submit the revised agreement for legal review and bring the document back to the board for action in January.
