Week Three Part Two

District 1 District 2 Revenue per WADA @ Compressed Rate $5,044 $7,206 WADA 5,555.82 4,794.08 Target Revenue $28,023,530.86 $34,546,111.66 Transportation Allotment $215,301 $391,955 NIFA $0 $0 Staff Allotment $134,334 $129,563 Tuition Paid $0 $0 Certain Tax Credits $0 $0 High School Allotment $264,196 $312,260 Adjusted Target Revenue $28,637,361.86 $35,379,889.66 Teachers, Librarians, Nurses and Counselors 281 307 Based on the calculations above, district one which is property poor will receive a guaranteed amount of revenue from the state. Actually, district one will receive the majority of their funding from state aide. While district two will fund the majority of its budget through local tax collections. It is obvious that the current funding formula does attempt to equalize funding but property poor districts must work harder with their tax rates to raise considerably less money. Additionally, district one will  end up with less money per student to spend through out the school year. State funding formulas are not adequate in equalizing funding.