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Sopt Norton Explains
School Fond Dist.
'There Is nothing wrong with the Governor's formula; in fact it la a good formula,* said Superintendent of Schools, O. A. Norton, last Thursday night, concerning a new plan for the proportionate distribution of educational costs between the counties and7 the state. He said that Rappahannock County is at a disadvantage, largely because of the Tax Commissioner's increase of 67% in .the true real estate values since 1956. The State has paid, and will continue to pay, 60% of the '% instructional costs of education, based on average dally attendance. The counties are ’'expected to pay 0.60 per $100 of the true value of real estate. The Federal Government through NDEA contributed $557.00 last year. When money from these three sources are added, and subtracted from the total cost of education in the county, the State has heretofore paid the difference, from *■ a special fund.
With the aforementioned increase of real estate values from $18,626,000.00 in 1956, to $25,866,000.00 in 1963, the county's proportionate share will be much larger, and the difference, paid by the state, much smaller. Rappahannock Cpunty could lose up to $46,307.00 in state funds. Superintendent Norton has been promised a review of the figures by the tax board. The State has guaranteed that no political sub-division will receive less state revenue than it receives in the current year. While both of these measures may be temporarily beneficial, they are not remedies, and they make no allowance for the ever-increasing costs of operation, repairs and replacements.
67.4%