Innovation Ohio has just released a report looking at the impact the Governor's budget will have distrcit funding when increased charter school payments are factored in.
Gov. John Kasich's proposed two-year, $72 billion state budget provides only a modest overall net increase in education funding of $464 million, with fewer than half of Ohio school districts (301 of 609) seeing increased funding in 2017.
However, when funding to charter schools is factored in, one in three of those districts will see their increases erased. After charter school deductions, just 200 out of 609 Ohio public school districts see actual funding increases in year two of the proposed budget.
In the last year for which data is available, $380 million in state funding was redirected from higher-performing traditional public school districts to charter schools with poorer performance grades on the state report card. Over a biennium, that’s $760 million going to worse options for kids, or two-thirds more than the Governor’s proposed $464 million increase in K12 education funding.
By the Numbers
- 301 Districts receiving an overall increase in FY 2017 compared to FY 2015
- 101 Districts where the increased funding is less than the amount the district lost to charter schools in the 2013-2014 school year
- $760 million Minimum amount of money sent to worse performing charter schools from higher performing districts over a biennium, based on 2012-2013 school year data
- $464 million Net increase to school districts through the state’s foundation funding formula in this budget