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KCBX s Rachel Showalter reports.
Personal finance website WalletHub released a report Tuesday ranking the Templeton Unified School District in San Luis Obispo County among the top 10 most equitable school districts in California.
WalletHub ranked the school district as 8th most equitable among more than 900 California districts.
The study measures fair distribution of funding based on two main metrics: average household income and expenditures for public elementary and secondary schools per pupil.
It’s a measure of income inequality because many districts that are more affluent, receive more school funding.
Jill Gonzalez is a WalletHub analyst. She said true equity means the ratio between income and funding looks the same from district to district.