The Transylvania Times -

County OKs Student Funding Formula - Brevard NC


Transylvania County commissioners approved a school funding formula policy for spending per student (ADM) that will see it increase by 4.62 percent for the upcoming fiscal year, which begins July 1.

The policy does not include the school system’s annual capital expenses, such as building repairs.

Commissioners approved the funding formula policy during their recent meeting.

The formula would determine a percentage increase to per student funding from the prior year based on the average increase of the top 25 counties in the state, then add the Consumer Price Index increase for the cur...

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