Long Process Makes Progress This Week

Retooling Public School Funding
Posted on 11/12/2020
Image of Education Sign(from OhioCapitalJournal.com)

Public school financial leaders stood behind the state funding overhaul that was once again brought before the Ohio House Finance Committee on Tuesday.

In its seventh hearing in the House, House Bill 305 was supported by chief financial officers from Akron Public Schools, Trimble Local Schools in Athens County, Chardon Local Schools in Geauga County, and Waverly City Schools in Pike County.

“(The House funding bill) provides the elusive answer to the school funding challenge for the last few decades,” said Ryan Pendleton, CFO at Akron Public Schools and a member of the legislature’s fair school funding work group.

The House measure is years in the making and has since had a Senate companion bill modeled after it. Tuesday’s hearing in the House Finance Committee included a motion to create a substitute bill that would include some changes also found in the Senate version.

The biggest points of discussion between the CFOs on the bill were the changing ratios for property tax reliance set up in the bill, along with the balance of funding that will go directly to the classroom, and a new mechanism to identify the true cost of educating a “typical child.” Read more >>.
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