Schools with declining enrollment could face an additional
financial pinch next year if lawmakers approve HB
The legislation eliminates a component of the state funding
formula that was designed to soften the financial blow of declining enrollment.
For districts with shrinking student counts, the state will calculate state aid
by using the average enrollment from the two previous years. Enrollment
averaging, often termed ‘declining enrollment aid,’ was instituted in a major
formula revision in 2007.
According to education department calculations, the move
could cost schools $5.1 million.