Stephen Dyer · February 6, 2015

Budget Briefing: K-12 Education Highlights

Governor Kasich’s budget proposal adds $700 million to schools, but the amount is offset by cuts in reimbursements for lost taxes and increased deductions for charter schools. Key points:

• Despite a record-sized budget of $72 billion, the net increase in education spending is just $464 million, which is below inflationary levels.
• More than half of Ohio school districts will see less direct state aid in 2016 than they received last year.
• 55% of Ohio school districts will receive less money now than they did six years ago.