Network Schools – Wayne Gerseny to https://www.nytimes.com/interactive/2022/04/03/magazine/thomas-piketty-interview u w B l.html?h I’ll smid=url-share the Is for

USA Today reports on the consequences of its loss of 5 percent of the students enrolled in its schools… and they are as devastating to the districts’ financial ledgers as they are to the students who are missing school. Why? Because Arizona’s funding formula allocates revenue based on enrollment, which means that with 5% of the students MIA the schools stand to lose the same percentage of their revenues. Their Governor has pledged to provide at least 98% of this year’s funding by applying the federal COVID funds he set aside but so far that money has not materialized at the local level and, like every other state Arizona is facing a huge revenue cliff going forward. As state level problems emerge it becomes clearer and clearer that the only way out of the woods is for the federal government to bail out the public sector the way it bailed out banks and corporations.

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