Funding School Capital Improvements: A National

Transcript:Funding School Capital Improvements: A National:
Funding School Capital Improvements: A National Perspective Presentation to the Oregon School Capital Improvement Planning Task Force John Myers & Mark Fermanich, APA Consulting Portland, Oregon May 13, 2014 APA Background APA is a Denver-based consulting firm, founded in 1983, that works primarily with state-level policymakers on education finance and governance issues. APA has worked extensively with states on the procedures used to allocate state aid to districts and schools. APA has worked for the Oregon Legislature: 1991 and 2000. APA Experience School finance equity & adequacy State work on facility funding ECS look at state capital funding formulas Survey of school district facility needs Bi-partisan work for policymakers Presenters’ Experience John Former Legislator and NCSL Education Program Director Consultant to the National Board for Professional Teaching Standards Helped create the National Association of Charter School Authorizers 37 years of school finance formula work Mark Former legislative and school district staff School finance researcher University faculty member 29 years of education policy work School Facilities Formulas Flat Grants Equalized Funding Need based grants Basic support Full state Revolving Funds APA work on Facilities Idaho Trends in bond election success Arizona Analysis of Changes in funding for facilities Colorado Survey of School District facility needs Education Commission of the States Review of all State facility funding formulas Oregon Education Investment Board, 2012 Current Challenges to Facility Funding Local elections Equal access to facility funding Equalization Governance changes Charter Schools Virtual and Blended learning Age and condition of facilities/deferred maintenance Green schools/healthy schools © Augenblick, Palaich and Associates, Inc. 7 The Funding Challenge 2010 estimate puts value of deferred maintenance nationwide at $271 billion, or $4,883 per student In state by state estimates, 2008 study estimated Oregon’s total PK-12 infrastructure needs totaled $2.5 billion © Augenblick, Palaich and Associates, Inc. 8 Sources: 21st Century School Fund & AFT © Augenblick, Palaich and Associates, Inc. 9 Do Facilities Impact Student Performance? Research shows that facility conditions – general upkeep, lighting, acoustics/mechanical noise, air quality, and size affect: Student performance on assessments Student attendance Teacher attendance Teacher retention For extensive bibliography see National Clearinghouse for Educational Facilities: http://www.ncef.org/pubs/outcomes.pdf © Augenblick, Palaich and Associates, Inc. 10 Revenues Federal Dollars Primarily for program specific activities State Dollars Equalizing local variation Local Taxes Uniform contribution © Augenblick, Palaich and Associates, Inc. 11 Facilities Financing Options in Oregon Local Sources: Local General Obligation bonds Full faith and credit