Quote:
Originally Posted by tummyman
So we know M'boro spends way more per pupil than the state or the judge considers for adequate. M'boro is in the $40,000 + range per student. And last year the SWEPT was $1.22 per thousand from the state. The question is.....what will the tax rate impact be if M'boro has to return money to the state? Is it just that taxes would go up be $1.22 or is there some sort of fancy calculation that I cannot seem to find. HELP !!
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If SWEPT returns to the constitutional condition, with no increase in per pupil expenditure... a rough calculation could be determined by multiplying the number of students in Moultonborough times the per pupil grant. Multiplying the State Ed rate times the total property valuation. And subtracting the first number from the second.
(State ED Rate x Total Property Valuation)-(State ED Adequacy Grant X # of pupils) = Excess Funds Sent to State
At this time, it is impossible to tell if changes to the State ED Rate or the State Ed Adequacy Grant will change.
If history holds true... if will go from the Superior Court judge to the NHSC. The NHSC will find the current status quo unconstitutional. The Legislature will balk and try to change the court - or bring public opinion against it. The majority of the Legislature will shift from one party to the other. They will uphold the court finding and try to fix the system to fall within the State Constitution - as they have all sworn to do, but hate to. And my guess, is the State ED Adequacy Grant will be nearly doubled, with the new money being found by changing the State Ed Rate. A compromise will be made to do it over time as to not shock the system...
History could be different this time...