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Bexley City Schools will receive small increase from new state funding formula


Bexley City Schools will receive small increase from new state funding formula
Chris Bournea
Bexley City Schools will see only a slight increase in state funding as a result of a new formula in effect for the next two fiscal years: the Fair School Funding Plan.
Ohio lawmakers approved the plan via Amended Substitute House Bill 110. As part of the state s $75 billion, two-year budget, it changes the way schools get money from the state, which will look at both local incomes and property values to determine how much a district will receive in state money and how much of the cost of educating a student it should be able to cover on its own. ....

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