The state budget package approved by the Joint Finance Committee (JFC) also includes funding to provide incentives for school districts to consolidate, share whole grades, and share administrative services.
Consolidation Aid–The JFC-approved K-12 package creates a new sum-sufficient (state moneys will be provided sufficient to fully fund aid demands) appropriation to provide categorical aid funding for two or more school districts that consolidate into one district. Districts could qualify for aid equal to $150 per pupil attending school in the consolidated district for the first five years after the consolidation. In the sixth year the district would qualify for 50% the fifth year amount. In the seventh year, districts would qualify for 25% of the fifth year amount. (Categorical aid is received outside the revenue limits.) Continue reading JFC Budget Includes Incentives for Consolidation, Shared Grades/Services