Schools would also be affected, since the per pupil limits on how much money schools can raise through property taxes and state aid are also linked to changes in consumer prices. Currently schools are limited to a statewide average of about $9,835 dollars per pupil, Schmiedicke said.
Normally schools’ roughly $270 annual increase in the per pupil limits would go up to reflect the rise in consumer prices. Because of deflation, that $270 increase may stay as it is or be slightly smaller, Schmiedicke said.