May 14, 2013 at 7:35 am
North dakota’s new school funding formula is still under review but so far it doesn’t look like a homerun for the grand forks district. School board members looked over a preliminary 2013-14 budget last night that comes up short to the tune of four-point-four million dollars. That’s on top of a five-point-nine million dollar gap in the current spending plan. Declining federal funds and increasing people costs have officials searching for dollars. The state is taking on a greater share of funding education in exchange for trimming 60 mills in the name of property tax relief. School superintendent larry nybladh says the formula does not take into account growth in new student numbers and that’s frustrating.
Nybladh says solutions including spending cuts…raising revenues…or a combination of the two. If the district increases the local mill levy from 63 to 70 mills it would generate another one-point-36 million dollars…jumping to 80 mills brings in another two-point-seven million dollars. nybladh says he's hoping an emergency meeting with DPI in the coming weeks
helps clarify legislative changes in the funding plan.
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