School Funding Formula: Fair or Flawed?
GoLocalProv
June 8, 2010
Portsmouth and other East Bay schools won’t be losers in new education funding system proposed by the state—they will be devastated, according to John McDaid, a blogger who covers education issues closely.
Portsmouth, for one, would lose about $260,000 a year for a decade, and, because of the property tax cap, would not be able to raise taxes to make up the difference, according to McDaid. “Obviously, that would be devastating for our schools,” McDaid said.
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