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Notes: Study finds Virginia school districts receive less funding per student than neighboring states

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🚨 You need to know

A new study found that Virginia is under-funding schools at a state level — coming in at 14% less than the national average.

A report from the Joint Legislative Audit and Review Commission said Virginia’s school districts receive 14% less from the state than the national average, or around $1,900 less per student, according to the Washington Post.

The study found that the culprit behind the underfunding is the state’s Standards of Quality (SOQ) formula, which determines the total number of staff positions needed for school divisions, the cost of that staffing, and the total divided between state and local government’s ability to pay.

However, that formula doesn’t factor in regional labor costs, school division size, or students with higher needs, which causes the state to lowball the needs of schools. The report also said the SOQ formula is prone to underestimate salary costs and overestimate rural school divisions’ ability to pay the cost of staffing.

According to the Post:

For example, in fiscal 2021, the formula calculated that school divisions needed $10.7 billion in state and local funding, but school districts actually spent $17.3 billion on operations, $6.6 billion more than the formula calculated.

The report included several recommendations to change the formula, from ending a cap on support staff funding to an entire overhaul to the formula.

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