THE TALE OF ONE OHIO SCHOOL DISTRICT’S CHARTER AND VOUCHER DEDUCTIONS
According to March 1 payment of SFPR Summary Worksheet Reports (ODE), one of Ohio’s school districts is receiving $367,753,129.99 in total Foundation Formula Funding, including additional aid from the state. The voucher deduction is $38,441,985.75 and the charter deduction is $169,483,488.26—a total of $208 million; hence, only 43% of the district’s state funds apply to the students being educated in the district.
Something is wrong with this picture. How can the board members exercise their fiduciary responsibility to the students they are supposed to serve, when more than 50% of the district’s state funds are removed from their control?