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SANDWICH SCHOOL FI NA NCE <br /> A Report for the Sandwich Public Schools <br /> Impact of Inflation Aid on Sandwich Spending <br /> Per Pupil, Not Adjusted for Inflation <br /> 5,000 <br /> o Current Law <br /> 51800 Lair <br /> 5 E-Tall lnfiabonLAid] <br /> 600 <br /> CL ....... <br /> 5140Q <br /> CA y j r: •.Ls• stir v <br /> .. ..... <br /> 51200 <br /> 0 <br /> ...... .. ..... <br /> 5 000 <br /> ..... ............ <br /> zc <br /> 4,800 <br /> ....... <br /> 94 95 96 97 98 99 <br /> Concluding Comment <br /> The funding difficulties facing Sandwich schools are not the fault of either to%vn or school <br /> officials. Rather, they are the result of the impossibility of keeping up with enrollment in <br /> creases of 4 or 5% and foundation budget increases of 7 or 8%, when property tax in- <br /> will <br /> creases are constrained to 2.5% under Proposition 2112. Program levels in ffie schools <br /> In <br /> continue to fall until town voters decide to provide additional fund* g beyond the mini <br /> mum set by the reform law, probably by voting Prop 2 1/2 overrides, or until the state legis- <br /> lature incorporates some form of inflation aid within the reform law funding formulas. <br /> Simulations I performed at the time the law passed made clear that there was enough <br /> money both to bring low spending towns to the foundation and to provide inflation aid to <br /> towns like Sandwich. Although there have been minor formula changes since then, there <br /> is every reason to believe that it is still possible to provide substantial inflation assistance <br /> without ieopardinn g the goal of reaching foundation in low spending cities and towns. <br /> Page 20 <br />