Wednesday, November 30, 2011

EDLD 5342 Week 3, Part 2


 

District #1
District #2
Revenue per WADA @ Compressed Rate
$5,044
$7,206
Total Target Revenue for the M&O Fund
$28,023,505.64
$34,546,111.66
Teachers, Librarians, Nurses, & Counselors
281
307


While part 1 of this assignment showed us how WADA is supposed to help provide equity for the education of students in Texas, part 2 shows us how the Target Revenue System can hinder the progress we are attempting to make.  It is one of the biggest flaws in our funding formula.  

While both of these districts have a compressed M&O rate of 1.00, the discrepancy appears in the revenue per WADA @ Compressed Rate.  District 1’s revenue is 5,044 and District 2’s revenue is 7,206.  When you multiply these figures times the WADA provided in the summary of finance, you can see the discrepancy in the total target revenue for the M&O fund.  District 2, which we have determined is the wealthier district and because of the revenue per WADA @ compressed rate, receives more funding from the state in its general fund.  This district can then turn around and use those funds to hire more staff to work with the students and lower the teacher to student ratio. 

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