A tale of two schools . . . . CANTON: Half as wealthy as the average NYS school

SIMILAR SIZE school that is 2.3 times wealthier than the average NYS school

Student Population

1270

1293

Combined Wealth Ratio

0.5

2.3

2011-12 Budget

$23,666,990

$38,569,026

2012-13 Budget

$23,266,223

$39,253,271

Percentage Change

-1.69%

+1.77%

2012-13 budgeted amount per pupil

$18,319

$30,358

2-yr Gap Elimination Adjustment (GEA) total

-$4,568,601

-$1,167,337

2-year GEA reduction per student

-$3,584

-$729

GEA as % of Budget

9.7%

1.5%

1% Tax Levy Increase

$76,000

$344,000

2-yr % Tax Levy increase to offset GEA

60.1%

3.4%

AP Course Offerings

7

15

2-year Faculty/Staff Reductions

42

Unknown

The Gap Elimination Adjustment (GEA) was a cut in school funding in order to balance the state budget. The cuts in state aid cost the poorer districts more than they cost the richer districts. And the poorer districts don’t have the resources to make up for the inequitable cuts in state aid!

A tale of two schools - Fair Funding for ALL Students

CANTON: Half as wealthy as the average NYS school. SIMILAR SIZE school that is 2.3 times wealthier than the average NYS school. Student Population. 1270. 1293. Combined Wealth Ratio. 0.5. 2.3. 2011-12 Budget. $23,666,990. $38,569,026. 2012-13 Budget. $23,266,223. $39,253,271. Percentage Change. -1.69%.

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