The Basic Formula

Thank You!

Our State Constitution

• Article XIII: Schools
• Article XIV: Highways
• Let's take care of these first!

The Basic Formula is Fair

• Provides local control
• Fairness
• Transparency
• Must recognize inflation as real

Untitled Slide

Special Education Formula

• Special Education is essential in meeting disabled students' needs
• State and Federal revenue are not enough to meet requirements
• "Cross Subsidy" requires significant General Fund resources

Untitled Slide

Conclusions and Call to Action

• Take care of constitutional requirements first
• The Basic Formula is essential...and inflation exists
• Increased Special Education revenue = increased General Fund flexibility
• School Boards are the best stewards