Revenue WADA @ Compressed Rate: District 1 – 5044
District 2 – 7206
Target Revenue M&O Fund: District 1 – 19,640,075
District 2 – 29,061,290
Teachers, Librarians, Nurses, Counselors District 1 – 281
District 2 – 307
District 1, it is believed, has a large number of economically disadvantage students in comparison to District 2. Their revenue is significantly less because of Districts 2 high taxable value and this drives their WADA Revenue up. Now, Districts 1 state generated funds is larger per student and that is where the state finds equity in their funding system. In this case, District 2 taxable revenue drives up the WADA revenue. Target Revenue for the M&O Fund is found by multiplying ADA times the Revenue WADA @ the compressed rate. This number is driven up for the same reason as the Revenue WADA.
District 2 – 7206
Target Revenue M&O Fund: District 1 – 19,640,075
District 2 – 29,061,290
Teachers, Librarians, Nurses, Counselors District 1 – 281
District 2 – 307
District 1, it is believed, has a large number of economically disadvantage students in comparison to District 2. Their revenue is significantly less because of Districts 2 high taxable value and this drives their WADA Revenue up. Now, Districts 1 state generated funds is larger per student and that is where the state finds equity in their funding system. In this case, District 2 taxable revenue drives up the WADA revenue. Target Revenue for the M&O Fund is found by multiplying ADA times the Revenue WADA @ the compressed rate. This number is driven up for the same reason as the Revenue WADA.
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