Consolidating school districts within a state
117.08 or 117.09 and in each of the subsequent four school years, the consolidated school district’s state aid shall be an amount that is not less than the aggregate state aid to which the consolidating school districts were eligible in the school year prior to the school year in which the consolidation takes effect.
"State aid" (as defined for revenue limit purposes) excludes all of the following: All General Aid is paid on prior-year information, so in the first year of the consolidation when each of the consolidating districts has individual data from the prior year, aid is computed for each district separately, summed and vouchered to the single, newly-consolidated entity.
The finding was based on Shakrani's use of background information without attribution and did not affect the conclusions of his study.
Being true to our schools comes with a price - and it runs in the millions of dollars.
For a school district created by consolidation under 117.08 or 117.09, in the school year in which the consolidation takes effect and in each of the subsequent four school years, the primary, secondary and tertiary guaranteed valuations per member shall be multiplied by 1.15 and rounded to the next lowest dollar.
In the school year in which a school district consolidation takes effect under s.
The two largest factors contributing to the expense of consolidation are the costs of standardizing salaries and making up for loss state education funding, according to the report.
Standardizing salaries across the 15 districts would cost an additional .4 million, and the loss in state funding amounted to .1 million, according to the report. Seth Grove, R-Dover, said the House members requested the report, because their constituents have expressed interest in consolidating school districts.
This version is known as the "With Incentives" computation (currently, the incentive increase is 15 percent).
In all subsequent years, there will be only one set of prior-year data: That of the single consolidated district.
A three-step process computes aid in the following order: This is actually done twice.
Taxpayers have long believed, Grove said, that consolidating school districts would save money and reduce taxes.
But, he said, the IFO report proves that's not the case.
But Graden also said consolidation should be looked at, especially as the number of students continues to drop.