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04 <br /> HIGHLIGHTS OF THE 2020 <br /> LOCAL SCHOOL <br /> LocalWHAT'S NEW <br /> This year,the ..includes new information about charter <br /> schools and their impact on local public <br /> ;r <br /> schools, <br /> .. <br /> Leandro v.State of North Carolina. <br /> II.,. <br /> THE NEXT <br /> CHAPTER • <br /> • - •In j <br /> I � <br /> past years,we have included . sectionon the Historical Perspective on State <br /> and Local SchoolFunding; we've ' <br /> swapped that out with a more detailed look <br /> at the history of the 25-year-old school <br /> funding case known as Leandro,as well <br /> as a discussion of the recommendations <br /> set forth in the court-ordered report,"Sound Basic Education for All:An Action <br /> I I <br /> f <br /> •lan for North Carolina," published by the <br /> independent • (agreed • byall <br /> parties • • Jf <br /> �I <br /> LOCAL SCHOOL FINANCE STUDY 2020: RANKINGS AT-A-GLANCE <br /> The chart on the next page provides a summary of key rankings from our analyses,calculated in the five tables included in the <br /> appendices to this report. <br /> Property Value Rank:The first column shows county rankings This column can be analyzed alongside the second column to <br /> based on the real estate wealth available in each county. Most show the impact of supplemental funding on counties' relative <br /> local funding for schools comes from property taxes.Counties rankings.(See Table 3) <br /> ranked higher on this measure have more real property available <br /> for potential taxation to support education.(See Table 1) Ability to Pay Rank:The fourth column's rankings reflect <br /> an analysis of each county's fiscal capacity to support public <br /> Actual Effort Rank: Rankings in the second column reflect the schools,taking into account property values(from the first <br /> actual dollar effort of counties to fund schools,without taking column,adjusted using the state's average effective property <br /> into account property wealth.Counties that spend the most per tax rate)and non-property tax revenues. Large, urban counties <br /> student rank highest on this measure.(See Table 2) that combine high adjusted property valuations with broad-based <br /> economic activity and high per capita incomes tend to receive <br /> Actual Effort Rank II:The rankings in the third column serve high rankings on this measure.(See Table 4) <br /> the same purpose as the second column, but take into account <br /> supplemental state funding provided for low-wealth and small Relative Effort Rank:The final column compares Actual Effort <br /> counties.Counties that spend the most per student based on (from Table 2)and Ability to Pay(from Table 4). Low-wealth <br /> county spending combined with low-wealth and small county counties with comparatively high spending levels tend to rank <br /> supplemental state funding rank highest on this measure. highest in this measure.(See Table 5) <br />