Since the local funding is even more critical now, here is a summary of how the process works:
- We voters approved the board/admin to levy up to $1360.35 per residential pupil unit w/ inflation adjustment.(question 1) And $119.46 per residential pupil unit.(question 2) The state used to limit district levies to 16% of the per student state funding, however they increased this to 26% a couple of years ago. I assume this is because politicians knew they were not growing state funding adequately.
- In the fall, the board/admin estimate the number of students that will "live/reside" within the district boundaries during the next year.
- The board/admin will then decide what to levy per student. (ie typically the max allowed by the citizen's mandate)
- The district converts this into a total dollar value and notifies the taxing authorities.
- The taxing authorities then apply that total across all of the properties within the district. They will collect that total, whether valuations are up or down. I assume they either use a complex set of factors or some pixie dust....
- We pay our taxes and the money is transferred to the district.
- Now here is the tricky part, the district only gets to keep the money based on the actual number of students that "lived/resided" within the district boundaries . So the taxing authorities once again use complicated formulas or pixie dust to adjust collections and payments as necessary.
In summary, unless you get kids to "live/reside" out of the district boundaries... You will pay ~$1480 per student, whether they go to RAS or not. And this will not vary with property values.
The impact of open enrollment... State dollars go with the kids... Local dollars stay in the district... However, I am a little fuzzy on how charters work and will need to take that on at another time.
Though I tried to do this justice, please contact gary_hauan@rdale.org with any new questions. Or leave a comment and I'll get you the answers...
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