One thing I can't stand being told is how complicated something is. Nothing obfuscates the truth more effectively than a veil of complexity. For weeks, I've been told school finance is complicated. At times, I was so confused, I questioned my own capacity for understanding. Today, I walked through the Colorado School Funding model and finally arrived at the answer.
No matter where you live in the state of Colorado, the only thing you need to know is that schools receive their money on a per-pupil basis. More students bring in more money--fewer students equate to less money. The complexity of the funding model is the model itself, but if you know approximately how many students you'll have in your district in the month of October, the model computes the amount the district should receive that school year.
Student losses are averaged over a five year period--There is not a 1-1 correlation of student loss vs. money loss. In a recent article in the
SkyHi News, a district handout said that losing 70 students would equate to a $440,489 loss of revenue to the district. That's a lie. In a call with Mary Lynn Christel, a principle consultant of Public School Finance at the Colorado Department of Education, I was told that the actual loss this year would be $91,000 because of a smoothing formula that averages student population over a five year period.
Why the district would choose to lie about this is beyond me, but it makes me question the entire leadership team when these kinds of misrepresentations are not only handed out, but allowed to be made public in the newspaper without a retraction or correction. Okay, moving on.
In order to calculate how much money East Grand or any other district will be receiving in the coming year, just visit the Colorado Department of Education's
website regarding the Public School Finance Act of 1994. There you'll find the
Fiscal Year 2011-2012 District Funding Calculation Worksheet. It's an Xcel document, and very easy to play around with.
East Grand Schools are under the BV column on the worksheet. It looks like this:
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Notice the rows on the left. Line 8 shows the expected October Full Time Enrollment (FTE) count of 1192 students. That's already lower than the estimates the district was using as a "Worst Case Scenario" of 1278 students in a handout from a few weeks ago. Keep this in mind for later.
So, with 1192 students expected next year, what does the budget look like? Let's take a look. In the budget, just scroll down to line 290. Here's a screenshot for you:
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Line 290, GT7.1 TOTAL PROGRAM is the number you want. With 1192 students, the Colorado Department of Education says the district will be receiving $8,264,856.02. That's about $2.3 million less than last year, right? NO! There's more.
The voters of Grand County, out of their own generosity, approved a mill levy override so that the school district would be able to receive even more money than that allowed by the 1994 School Finance Act. Referring back to the worksheet, please go to line 79 and 81:
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Lines 79 and 81 are constant. They will not change from year-to-year, so these are essentially guaranteed funds. $784,125 + $1,330,000 gives East Grand an additional $2,114,125 every year. There is other free money that has been coming to the district for the last decade, such as Payment in Lieu and Federal Forest Reserve Funds, but we won't even add those in. So where do we stand for 2011-2012?
Let's add the $2,144,125 guaranteed funds to the $8,264,856.02 the State says we'll receive for a total of $10,378,981.02.
The district budget last year was a little over $10,500,000... that's only $121,000 dollars different--NOT $1.2 million! And that doesn't even include nearly $200,000 in Forest Reserve Funds the county has been handing out over the last few years.
What conclusions can be drawn here? If I were a town or the county, I would probably be wondering aloud why the school closure issue is even on the table right now. I would be wondering why the school district is obfuscating the truth. I would be wondering why the newspaper continues to print absolute rubbish. I would wonder why we're being lied to!