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Levy Equalization A Safety Net for Districts and Relief for Tax Payers.

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Presentation on theme: "Levy Equalization A Safety Net for Districts and Relief for Tax Payers."— Presentation transcript:

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2 Levy Equalization A Safety Net for Districts and Relief for Tax Payers

3 How are School Districts Funded?

4 Source: OSPI – 2011 Organization and Financing of Washington Public Schools

5 Comparing Two Similar Sized Districts District A  Serves 1242 Full-time Students District B  Serves 1275 Full-time Students Source: OSPI – School District Excess General Fund Levy Submissions for Collection in 2011

6 Maintenance & Operations Levies District A  Property owners pay $0.99/$1000 of assessed value raising $2,378 per pupil District B  Property owners pay $2.16/$1000 of assessed value raising $569 per pupil Source: OSPI – School District Excess General Fund Levy Submissions for Collection in 2011

7 Levy Equalization Helps Property Poor Districts  State Regular Apportionment for the two districts is nearly equal. Source: OSPI – 2011-12 Apportionment, School District Excess General Fund Levy Submissions for Collection in 2011

8 Levy Equalization Helps Property Poor Districts  District A is able to raise more that four times as much through their local M&O Levy despite the fact that local property owners in District B pay more than twice the tax rate of those in District A. Source: OSPI – 2011-12 Apportionment, School District Excess General Fund Levy Submissions for Collection in 2011

9 Levy Equalization Helps Property Poor Districts  Levy Equalization provides $847 per student in District B to help offset some of the disparity; and, yet, they are still not able to offer their students equal opportunities. Source: OSPI – 2011-12 Apportionment, School District Excess General Fund Levy Submissions for Collection in 2011

10 Impact of Levy Equalization in District B Levy Equalization provides District B $1,080,368

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12 Why We Should Protect Levy Equalization Levy equalization provides:  A safety net for poorer districts.  Opportunities for their students.  Relief to their already over-burdened tax payers.


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