Prichard Breaks Down the Bad News

SEEK and the Governor's Budget

This from Prichard:

The SEEK base guarantee per pupil will go down:

• $3,903 was the original SEEK base guarantee per pupil for 2011-12
• $3,850 is the average guarantee that has actually been possible for 2011-12: schools turned out have more students than the budget expected and funding for each child had to be reduced as a result.
• $3,833 is the proposed base guarantee for 2012-13.
• $3,827 is the proposed base guarantee for 2013-14.

The total funding for the SEEK base will be flat:

• $2.9 billion was the budget line item for 2011-12.
• $2.9 billion is the proposed budget line item for 2012-13.
• $2.9 billion is the proposed budget line item for 2013-14.

Why will the per pupil will go down while the total funding remains flat?  Primarily, because the number of students in average daily attendance is expected to rise...

Why Kentucky School Funding Is A Huge Concern

For This Year And The Future

This from the Prichard Blog:

Over at Prich, Susan has been putting some scale to the school funding shortfall. While in Frankfort there are no signs of hope.

For the past four years declines in state and local revenues for Kentucky schools were largely offset by federal dollars. That relief is now a thing of the past.

[W]e know that the trend for this year and beyond will be decline unless state leaders step up in the current legislative session. We also know those funding losses will pose a grave danger to Kentucky's bold commitment to ensure that all students graduate from high school with the knowledge and skills they need to succeed in higher education and in the job markets of the future...

[L]ooking to the current year and the future, we know our schools are now working with a federal decline and a state increase that is nowhere near enough to make up those losses. We also have reason to worry about local funding. The newest report on state revenue says that July to December state property tax collections in 2011 dropped more than 9% from the 2010 level. If local tax receipts show a similar trend, the results could be disastrous. It's too early to know that will happen, but definitely time to be very concerned that it might.