ride press release, february 26, 2010
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“Supporting student achievement is our highest priority. A transparent, consistent education funding formula will allow
us to ensure that student achievement remains the top priority for our state and for every school district,” Commissioner Gist said. “We are confident that this funding formula will take us from being the only state without a funding formula to being
the state with the best funding formula in the country.”
RIDE Press Release, February 26, 2010
The Best Funding Formula in the Country: What’s
Not To Love?
Samuel D. Zurier, Esq.
Impact on PawtucketExpenditure
Per Student*
2009-10 Actual
2010-11
Actual
2011-12
RIDE Formula
2016-20
RIDE Formula
2007 Funding Formula
2009-10
State Avg.
State Funds $7,510 $7,207 $7,452 $8,672 $12,641
Local Funds**
$3,238 $3,292 $3,323 $3,692 $2,449
Total State + Local
$10,748 $10,499 $10,785 $12,364 $15,090 $13,600
(Excludes Federal funds) *Assuming average daily attendance of 2009**Approximation, assuming 2% annual increases.
Impact on WoonsocketExpenditure
Per Student
2009-10 Actual
2010-11
State Budget
2011-12
RIDE Formula
2016-20
RIDE Formula
2007 Funding Formula
2009-10
State Avg.
State Funds $7,781 $7,401 $7,558 $8,524 $13,509
Local Funds**
$2,284 $2,330 $2,376 $2,614 $1,722
Total State + Local
$10,065 $9,815 $9,934 $11,138 $15,231 $13,600
(Excludes Federal funds) *Assuming average daily attendance of 2009**Approximation, assuming 2% annual increases.
State’s Contribution to Overall Cost
*This is the 3rd lowest State share in the countrySource: National Education Association: Rankings and Estimates, 2011-12
*The 2007 Formula called for a 44% State/56% local split
Federal State Local
USA Average 11.3% 47.5% 44.1%
Massachusetts
7.6% 41.0% 47.2%
Rhode Island 12.4% 28.8% 60.6%
2007 Funding Formula
12.4%* 38.5%* 49.1%*
Foundation Amount
RIDE Formula Core Instructional Amount: $8,333 per student
2007 General Assembly Formula Core
Foundation Amount:
$10,600 per student
The $8,295 “Market Basket” from
Hunger: The State NormItem R.I. Average
Instruction $7,000
InstructionalSupport
$2,239
Leadership $766
Operations $2,054
Other Commitments
$1,621
Total $13,660
English Language Learners
Number of States funding ELL Programs at State Level: 37
Rhode Island’s rank for Latino children in Math on NAEP Tests:50th out of 50
Cost to Fund: $12 Million
Providence Journal Op-Ed, June 2, 2010
FOLLOW THE MONEY:
Community EWAV Aid (indicated state share)
Formula Aid Children in Poverty
Formula Aid per Child in Poverty
JAMESTOWN $0(-112%)
$205,291 40 $5,132
LITTLE COMPTON $0(159.2%)
$126,870 29 $4,375
NARRAGANSETT $0(-107.7%)
$1,607,955 200 $8.040
NEW SHOREHAM $0(-835.4%)
$113,977 17 $6,704
NEWPORT $0(-39.9%)
$9,186,000 1,185 $7,752
TOTAL $0 $11,240,092 $1,471 $7,641
Communities that are the biggest winners under the RIDE Formula
Who Pays?
Community Woonsocket Pawtucket
State Aid under “Quadratic Mean”
$50.2 $71.9
State Aid under Simple EWAV
$53.6 $73.4
Difference ($3.4) ($1.5)
All figures in millions of dollars.
Local Taxpayers Already Pay Their
Fair ShareCommunity 2007-08
TaxCapacity
2007-08TaxEffort
EquityIndex
Pawtucket 38 160 .24
Woonsocket 30 180 .17
State 100 100 1.0
Newport 160 75 2.1
Narragansett 260 48 5.4
MunicipalityTax Capacity Tax Effort
Providence 31.99 266.69
Central Falls 14.18 227.04
Woonsocket 27.95 218.75
Pawtucket 32.14 199.99
Newport 195.41 62.52
Westerly 223.38 61.82
Portsmouth 217.32 57.84
Narragansett 257.28 53.3
Charlestown 298.42 44.52
J amestown 384.86 43.61
New Shoreham 1670.44 22.17
Little Compton 648.51 21.52
2010 Update*
Source: Rhode Island’s Future
How to Improve the “Best Funding Formula in the Country”