“If nothing else changed in our world, we wouldn’t even be able to cover our health insurance increases,” Hamdan said.
Meanwhile, expenses such as curriculum and instructional materials, utilities, health insurance, transportation and employee salaries continue to increase.
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Last month, the White House Council of Economic Advisors (CEA) published an analysis of the cost reductions which would occur if policymakers banned three abusive and common contracting terms used by hospitals to inflate their revenue. For elected leaders who profess to want to make healthcare more affordable, taking up this cause would be a good place to start.
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This is just money moving around based on enrollment and property value changes. Districts w/ declining enrollment and/or rising property values get less, districts in the opposite situation get more.
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Notice: It doesn’t affect schools’ funding, only how much is paid by property taxes vs. income taxes.
Under it all: The cost spiral enabled by @GovEvers unilaterally jacking how much schools can spend by an unprecedented sum for the next 4 centuries.
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Healthcare cost are putting an extreme pressure on school districts’ finances ($94,500,000 in Madison!). “Application bloat” as well, along with curious curriculum and related costs.