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Wednesday, May 21, 2014

LIL'LORI CHIRPS "CHANGE THE SHORTCHANGE"




This is good news, but what the article does not mention is the fact that the city has been shortchanging our schools since FY11. Even if this "fix" happens, the city will still be shortchanging our schools, they just won't get hit with a penalty because they will be within the 5%. This is the problem in Lynn. City and school officials believe that as long as they are within the 5%, they are spending enough on education and are fine. However, the shortage just gets carried over to the following year. Therefore, if the city does not start spending the full amount of the required net school spending figure, we could find ourselves in a similar situation in the future.
Disagreements over a state school spending formula, which threatened to cost the city $7 million in reduced education aid, could be resolved as soon as June.
ITEMLIVE.COM

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