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School Funding: District Valuation Per Pupil
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OHIO DEPARTMENT OF EDUCATION         08:15 Friday, September 19, 2003

OFFICE OF POLICY RESEARCH & ANALYSIS

 

EQUITY AID CALCULATION FOR FY04

SORTED BY INCOME ADJUSTED VALUATION PER PUPIL

 

 

Note: The adjusted valuation per pupil figure is calculated as follows:   (Unadjusted Valuation Per Pupil) - {30,000 X [1 - (District

Median Income / State Median Income)]}, where the unadjusted valuation per pupil is the average of FY01, FY02 and FY03

valuations divided by FY03 formula ADM.  The 30,000 is a constant and the state median income for TY01 is $29,123.  A threshold

adjusted valuation per pupil is then determined and the equity  aid is paid to all districts that fall below  that threshold figure based on

the following formula:   Equity Aid = [(Threshold Valuation Per Pupil - Adjusted Valuation Per Pupil) X 0.009] X Formula ADM Of

Previous Year<<  The threshold valuation figure for FY03 is $70,840.  This qualifies 117 school districts to receive equity funding.

  

 

Twenty Lowest Wealth Districts

                                                         

    Obs    District                                                     Valuation Per Pupil

  

       1    Trimble Local SD, Athens 19,958      

       2    Huntington Local SD, Ross 25,512

       3    Western Local SD, Pike 26,522      

       4    Southern Local SD, Perry 26,612      

       5    Dawson-Bryant Local SD, Lawrence 28,942      

       6    Symmes Valley Local SD, Lawrence 30,128      

       7    Washington-Nile Local SD, Scioto 31,531      

       8    Northwest Local SD, Scioto 32,029      

       9    Eastern Local SD, Pike 32,791      

      10    Windham Ex Vill SD, Portage 35,263      

      11    Bloom-Vernon Local SD, Scioto 35,918      

      12    Wellsville Local SD, Columbiana 36,269      

      13    East Cleveland City SD, Cuyahoga 36,385      

      14    Crooksville Ex Vill SD, Perry 36,406      

      15    Minford Local SD, Scioto 37,648      

      16    Rock Hill Local SD, Lawrence 37,786      

      17    Campbell City SD, Mahoning 41,018      

      18    Felicity-Franklin Local SD, Clermont 42,311      

      19    Valley Local SD, Scioto 43,101      

      20    Frontier Local SD, Washington 44,011      

     

       ~~~

     487    Westerville City SD, Franklin 145,087

       ~~~    

 

Twenty Highest Wealth Districts

 

     593    New Richmond Ex Vill SD, Clermont 239,746 

     594    Kirtland Local SD, Lake 241,611 

     595    Port Clinton City SD, Ottawa 242,034 

     596    Benton Carroll Salem Local S, Ottawa 244,744 

     597    Rocky River City SD, Cuyahoga                 257,993 

     598    Revere Local SD, Summit                     258,566 

     599    Sycamore Community City SD, Hamilton 285,896

     600    Brooklyn City SD, Cuyahoga                    290,541

     601    Westlake City SD, Cuyahoga                     310,028

     602    Mayfield City SD, Cuyahoga                     320,831

     603    Princeton City SD, Hamilton                    324,290

     604    Perry Local SD, Lake                                  342,595

     605    Danbury Local SD, Ottawa                        407,831

     606    Indian Hill Ex Vill SD, Hamilton               408,574

     607    Orange City SD, Cuyahoga                        412,258

     608    Independence Local SD, Cuyahoga            455,212

     609    Beachwood City SD, Cuyahoga                  495,867

     610    Cuyahoga Heights Local SD, Cuyahoga     707,040

     611    Put-In-Bay Local SD, Ottawa                    743,128

     612    Kelleys Island Local SD, Erie                    1,533,394

 

Westerville Voters On Target for Education