School Business Officials React to Proposed New Ohio Funding Formula
The Republican and Democratic lawmakers behind the new school funding formula proposal are taking their plan on the road to explain it to different teachers and school administrators around Ohio.
Jim Rowan with the Ohio Association of School Business Officials said in his 25 years, this is the closest a plan has ever come to creating equity and adequacy in state school funding.
“What is the cost to educate the student to prepare them for the 21st Century? And by looking at that and developing a methodology around that I think is a much different formula than what we’ve seen in the past," he said.
But most of the state’s large, urban school districts would not see increased funding.
The plan, which ends up increasing school funding by $720 million, would need legislative approval.