Proposed intra-district methodology for funding school sites

The purpose of this study was to develop an intra-district allocation-funding model for the Clark County School District (CCSD). Two models, a linear formula and a formula with a non-linear component, were developed and evaluated against a set of criteria from the research literature on characteristics of optimal funding formulas. Simulations of these models\u27 impact on elementary, middle, and high schools in the Clark County School District were performed to ascertain the redistributive effect under two separate conditions, the first keeping current funding levels constant, and the second considering additional funding; The simulations indicated that under Model II, a linear formula, a total of {dollar}253,911,324 new dollars would be required to fund education in the Clark County School District based on recognizing the differentiated needs of students with a no loss provision. Implementing Model III, a methodology with a non-linear component, {dollar}237,370,788 in additional funds would be necessary. Further calculations determined that 1,082 additional per pupil dollars would be needed to meet the demand for Model II, the linear formula and 1,011 additional per pupil dollars would be needed to fund Model III. The models were evaluated against a set of criteria from the research literature on characteristics of optimal funding formulas and Model III, the model with the non-linear component, was selected with input from a CCSD advisory panel, the Budget Equity Committee