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Consultants model alternatives for growth and declining‑enrollment funding; 3‑year averaging would greatly increase state cost

EDUCATION COMMITTEE - SENATE · June 8, 2020
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Summary

Presentation outlined Arkansas’ prior‑year funding approach and modeled alternatives: a 2% growth threshold would reduce the number of districts receiving growth funding; a 3‑year weighted average or simple 3‑year average for declining enrollment would substantially increase funded students and add tens of millions in costs compared with current rules.

Presenters reviewed how Arkansas funds districts on prior‑year student counts and explored alternative approaches to growth and declining‑enrollment funding used in other states. Justin Silverstein explained the policy rationale: prior‑year funding aids budgeting predictability, while growth and declining adjustments are intended to cushion districts that are rapidly changing in enrollment.

The team modeled several alternatives.…

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