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RAPPAHANNOCK and perhaps other rural counties near metropolitan areas are “discriminated against” by the State Board of Education formula which determines how much a locality must spend on public education. That’s what Rappahannock school board member Walter Masterson told Rappahannock’s Supervisors on Thursday, September 4.
The state formula considers school age population (average daily attendance), total population, personal income, retail sales and “true market value” of real estate to determine how much each locality is required to pay. Fifty per cent of the funding formula is based on true market value, 40% on personal income and 10% on retail sales. That’s how it works in theory. But in practice, true market value is considered as a 75% factor in determ
94.5%