Which funding mechanism is used by the state to balance district income per child?

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The funding mechanism utilized by the state to balance district income per child is Power Equalization. This approach aims to address disparities in funding levels between districts, particularly when some districts have higher property values and thus can generate more local revenue through property taxes. Power Equalization adjusts the formula by providing additional funding to lower-revenue districts in order to ensure that all students have access to more equitable funding levels, ultimately working towards a more balanced educational landscape across different districts.

This method is essential for promoting educational equity, allowing districts with less ability to raise funds locally to receive state support that brings their per-student funding up to levels closer to those of wealthier districts.

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