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1~ ,_ I }r~ I_~ <br />i "i b <br />SCHOOL FUNDING EQUITY <br />RESEARCH & ANALYSIS <br />• Fall 2003 presentations, work sessions, public hearings on <br />potential school merger impacts and funding equity <br />• September 15, 2003 staff report -appendices reflect <br />hypothetical financial and taxation impacts under various <br />funding equity scenarios <br />• Equity/merger actions reserved pending results of three <br />education initiatives <br />• Educational Excellence Work Group - UNC School of <br />Education study of resources <br />• School Collaboration Work Group -regular facilitated <br />meetings of Chairs, Vice Chairs, Superintendents, <br />Manager <br />• County/School Efficiency Study -Robert Segal, CPA <br />SCHOOL FUNDING EQUITY <br />CONSIDERATIONS. <br />Main factor affecting funding equity is approximate <br />annual proceeds of $13 million from CHCCS special <br />district tax <br />At some point in the future, BOCC must define <br />"equity" so that ultimate target will be clear <br />. Absolute funding equity (e g local or total annual per pupil <br />funding identical between school systems)? <br />Programmatic equity (e g. all OCS &CHCCS students with <br />access to all of each systems programs)? <br />. Or -somewhere between these two ends of the spectrum, <br />and/or some combination of funding and programmatic <br />equity? <br />