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30 Years Ago
From the pages of the Rappahannock News of Jan. 13,1977:
School Board joins financial fight The Rappahannock School Board received word at its meeting Tuesday night of a drive to amend the state funding formula used to determine school aid payments to localities. Superintendent OA. Norton reported on a letter received from the Bath County School Superintendent asking for financial help in the fight The letter said that Del. Shad Solomon had agreed to spearhead the fight to make the state funding formula more equitable for sparsely populated, rural counties. Rural counties with low enrollments cannot provide state mandated programs at the same rate as more heavily populated areas, noted the Bath superintendent. Counties with enrollments of 3,000 or less would be affected if Solomon’s efforts are successful.... Board Member Walter Masterson asked if the fight to amend the funding formula would center around changing the composite index that determines the amount each county receives in state funds. (The composite index is derived through a complicated formula that places heavy emphasis on the adjudged “fair market value” of property. Other factors included in index determination are personal property values and sales tax revenues.) Norton agreed that the composite index was arrived at by computing land values “not in keeping with income” of rural county residents and noted that taxes were paid by income, not the “fair market value” of the family farm. But Norton said he was not sure how the factor of inflated land values would be worked into the composite index.
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