MISSISSIPPI ADEQUATE EDUCATION PROGRAM FUNDING FORMULA (MAEP) AN OVERVIEW OF HOW THE FORMULA WORKS.
Education Funding Overview
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Education Funding Overview Budget Overview | www.gbpi.org Georgia Budget & Policy Institute Claire Suggs, Senior Education Policy Analyst January 10, 2014
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Education Funding Overview. Georgia Budget & Policy Institute Claire Suggs, Senior Education Policy Analyst January 10, 2014. Budget Overview | www.gbpi.org. Who We Are. State policy think tank Nonprofit Non-partisan Founded in 2004. Budget Overview | www.gbpi.org. - PowerPoint PPT Presentation
Transcript of Education Funding Overview
Education FundingOverview
Budget Overview | www.gbpi.org
Georgia Budget & Policy InstituteClaire Suggs, Senior Education Policy AnalystJanuary 10, 2014
Budget Overview | www.gbpi.org
Who We Are
State policy think tankNonprofitNon-partisanFounded in 2004
Budget Overview | www.gbpi.org
Our Policy Area Focus
TaxesBudgetEducationHealth CareEconomic SecurityEconomic Development
Our work isn’t about the numbers…
It’s telling the story of people using numbers
Revenues Return to 2007 LevelsGeneral and Motor Fuel Funds 2007-2014 Fiscal Years
Drivers of Budget Growth
$210 Million$109 Million$127 Million $42 Million $38 Million $35 Million
00
K-12 and University System Formula Growth
Medicaid and PeachCare Growth
Teacher and Employees Retirement
Systems Contributions Debt Services
K-12 Education Equalization
Department of Justice Settlement Agreement
0
0
0
0
0
0
Most Georgia Spending is for Education
51.5%Education
Georgia’s Fiscal Year 2014 Budget: $18.8 Billion
Other
Health Care is 2nd Largest Budget Expense
51.5%Education
51.5%Education
Education
Other
20.9%Health Care
Georgia’s Fiscal Year 2014 Budget: $18.8 Billion
Many Services in Smaller Category “Other”
51.5%Education
51.5%Education
Other
Education
Health Care
Georgia’s Fiscal Year 2014 Budget: $18.8 Billion
Other27.6%
State Funding
51.5%Education
51.5%Education
OtherOther27.6%State funding per student has declined 15.3 percent
The percent of economically disadvantaged
students climbed from 45 to 60 percent.
Since 2002 in Georgia:
Shifting Responsibility for K-12 Funding
51.5%Education
51.5%Education
OtherOther27.6%
SOURCE: Georgia Department of Education and GBPI research
K-12 Formula Underfunded by $1 Billion
Local Funding
51.5%Education
51.5%Education
OtherOther27.6%Tax digest fell 17.8 percent between 2008 and 2012.
Local revenue per student fell by 5.8 percent.
Between 2008 and 2012:
Notes from Schools
51.5%Education
51.5%Education
OtherOther27.6%
The workloads have increased to a tipping point. At some point, the calling to be an educator is eroded by being beat down by doing more with less. We are losing our finest educators, which ultimately deteriorates our overall educational program.
Jackson County
Impact of Funding Losses
51.5%Education
51.5%Education
OtherOther27.6%
71 percent of responding districts cut the school year
95 percent increased class size
About 70 percent have eliminated instructional support positions
Nearly 80 percent have cut central office staff
82 percent are using reserve funds this year
Impact of Funding Losses
51.5%Education
51.5%Education
OtherOther27.6%
GBPI Recommendations
51.5%Education
51.5%Education
OtherOther27.6%
Develop an education funding system that supports success for all students in the 21st Century
Ensure tax and budget policies align with new funding system
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Claire Suggs, Senior Policy [email protected]
www.gbpi.org
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