POTTSTOWN, PA — Borough property owners would be off the hook for generating more than $5 million in school funding this year if the state funding formula abandoned by Gov. Tom Corbett in 2010 were still in place, according to a report.
Further, as a result of that formula’s absence in calculating state education funding, Pottstown has lost more state aid in the past few years than almost any other district in Montgomery County, the report found.
At $2.5 million, only Norristown schools lost more in the last three years than the $1.5 million in state funding Pottstown has lost since 2010-11, the study found.
In an attempt to reverse the problems highlighted in that study, the Pottstown School Board on Monday unanimously adopted a resolution calling on Harrisburg to establish “a fair and equitable school funding formula.”
Read more: http://www.pottsmerc.com/general-news/20140328/report-absence-of-school-funding-formula-in-pa-costs-pottstown-5-million-a-year