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Tue May 9, 2006
Handful of School Districts Rake in Cash
Laramie, Wy – Five wealthy school districts around
Wyoming are on track to get record state funding rebates this year totaling an estimated 51-point-4 million dollars.
That's according to the Wyoming Legislative Service Office.
Schools in Pinedale will benefit the most -- to the tune of about 25 million dollars. Gillette schools are getting around 13-and-a-half million, followed by Big Piney schools at 10-point-7 million and Shoshoni schools at 1-point-4 million.
Schools in Rawlins will be rebated an estimated 872-thousand dollars.
The reason for the funding windfalls is a provision in state law that allows school districts to keep a certain amount of local funding even as most of that funding goes to the state for distribution to school districts statewide.
It wasn't until the 2002-2003 school year that any district had enough local revenue per student to be entitled to a rebate. Most of the districts getting rebates since then are located squarely in the middle of gas-boom areas.
A proposed constitutional amendment headed to voters this fall would do away with the rebates.