Educate Now! has received a lot of questions concerning information that Lusher and Franklin sent to their parents about the differentiated funding formula Orleans is working on, which will go before BESE in March. Unfortunately, the email circulated by the schools contains incomplete and wrong information.
The committee developing this funding formula, which includes OPSB schools, RSD schools, OPSB leadership, and RSD leadership, anticipates that the formula will include a clause such that no school loses more than a 2%. For Lusher, that 2% translates to a maximum reduction of $170/student, or around $291,000 not $1,200,000, as was stated in the email. For Franklin, the loss of revenues based on current student count is $155,000.