Thursday, December 1, 2011

EDLD 5342 Week 3 Part 2

Summary:
This assignment at first overwhelmed me, so I interviewed my district’s CFO to get a better understanding of the snapshots, how to find the target revenue, etc.
To find the total target revenue I multiplied the WADA at the compressed rate for each district by the WADA. 
The rich district’s formula would be $7,206 X 4794.076= $34,546,111.656
They have 307 teachers, nurses, counselors, and librarians, with 265 FTEs.
The poor district’s formula is $5044 X 5,555.815= $28,023,530.86
They have 281 teachers, nurses, counselors, and librarians, with 265 FTEs.

Reflection: It appears that the rich district benefits from the target revenue and hold harmless provisions. They have roughly $2000 more per student and a 3 billion dollar tax base. The poor district is locked in and can’t raise enough money. When property tax rates were compressed beginning in 2006, it capped each district’s rate but this does not negatively effect the richer district. My reflection is that there is no such thing as equity in Texas. Apparently all men are not created equal.

No comments: