MSBA briefing: district-level officials warned state funding adequacy target is declining
A Missouri School Boards Association briefing presented to the Ste. Genevieve Co. R-II board warned that the state adequacy target has fallen from earlier projections, creating multi-year revenue pressure and prompting calls for long-term budgeting and board training.
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Linda Quinley, MSBA's senior director of school finance, told board members in an MSBA board report that districts face shrinking state targets and uncertain federal allocations. Quinley said the state adequacy target (SAT) the legislature earlier projected at about $7,145 per pupil is now estimated nearer $6,964 for the current year, with projections that it may decline again to roughly $6,742 next year, effectively reducing state revenue available to districts.
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