Government
OP-ED: School Funding Formula Not Fair to Communities Like Watertown
|
Submitted by State Sen. Will Brownsberger, whose district includes Watertown, Belmont and parts of Boston. Overall, state aid to schools is inadequate and, although the current distribution formula works out well for Belmont and Boston, it is unfair to many communities, including Watertown. I hope we can pass the “millionaire’s tax” this November and use the proceeds to increase school aid under a simpler, more rational formula. The state distributes approximately $5 billion annually in unrestricted aid for local schools, known as “Chapter 70” aid, covering on average roughly 1/3 of total local school costs. Aside from MassHealth, unrestricted local school aid is the single largest item in the state budget — roughly 20% of state tax revenue.