Once again, this year, we have proposed sustainable and reliable funding for K-12 education. This year’s proposal is $45.2 million in new funding on top of the nearly $3.5 billion spent on K-12 education last year.
This legislation navigates the challenging realities of school funding in a pandemic. Because of the coronavirus, K-12 enrollment decreased by approximately 6,000 students since last year. These families chose to keep their children home either because of health concerns for the child, a close family member, or because of the inconsistency and uncertainty of the schedule in many districts this year.
Much of state funding for education is connected to the number of students enrolled in each school district. Because of the significant decrease in enrollment, a traditional increase in state aid could leave some districts with a decrease in funding for next year. Increasing state aid on a per pupil budget to make up for the decrease in students could create a disastrous effect on the budget the following year, potentially leading to broken promises.
To address this dilemma, SSB 1159 provides a one-time increase of $65 per pupil for next year. This amount totals $29.4 million. Schools are required to follow state law as passed last year and this year regarding in-person instruction to receive this money. These dollars will provide schools with more money this year without creating a funding bubble the state budget could not afford the following year. While the Iowa economic recovery is going well, it remains possible the virus or anti-growth policies in Washington, D.C. create additional economic difficulties and a decline in state revenues.
Finally, SSB 1159 allocates nearly $10 million to address per pupil and transportation inequities. Due to the complex nature of the school funding formula, some school districts are given more money per pupil than other districts. This bill continues to close that gap.
Another inequity in education funding is the high transportation costs incurred by many rural school districts. The increase in transportation dollars keeps the promises we made to ensure rural schools were on equal footing with geographically smaller school districts.
In total this education funding proposal is a $45.2 million increase in funding for K-12 schools. It provides more money to local schools during a pandemic, sustainably addresses the decrease in enrollment, and ensures the promise made this month is kept next fall.
