- Associated Press - Wednesday, February 4, 2015

COLUMBUS, Ohio (AP) - The state budget office has released preliminary district-level spending figures resulting from Ohio Gov. John Kasich’s (KAY’-siks) changes to the school funding formula.

The $72.3 billion, two-year operating budget that Kasich released Monday calls for a $700 million increase in foundation funding to schools. However, more than half of public school districts are getting less money from the state under the plan, largely because of funding formula changes intended to better reflect a district’s capacity to raise revenue.

The changes result in the lowest wealth districts tending to see increases and high wealth districts tending to see cuts, although that pattern doesn’t apply in every case.

Of districts listed in Wednesday’s spreadsheets, 332 get funding increases and 278 see reductions. State aid figures exclude certain tax revenue reductions.

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http://obm.ohio.gov/Budget/operating/fy16-17.aspx#SchoolFundingEstimates

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