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Thursday, May 01, 2008

If North Dakota Schools Aren’t Spending All Their Money Do They Really Need More?

Here’s another interesting tid-bit from the newly-launched Sunshine on Schools website: North Dakota public schools aren’t spending all of their money.

In 2007 the schools took in $893,478,692 in revenues but only spent $876,469,559.  That leaves a surplus of revenue at $17,009,133.  Given that enrollment in the schools was 94,587 that works out to about $180 per student, or about $3,600 per classroom of 20 students.

So if North Dakota schools are underfunded, how do we explain a $17 million state-wide surplus on the school budgets?  Do we really need to increase school funding, and thus taxes (like the already too-high property taxes), to send extra revenues to schools that aren’t even using all of it?

Comments

Avatar for Kay

I find this very interesting, have bookmarked the website referenced and sent it on to others.

As a homeschooling family, we hear we “cost” the school district x amount of $$’s because our children aren’t in the school system. I’ll never forget a Minot newspaper article a few years back specifically referring to the notion of the “___ homeschooling families in Ward Co. cost the district” so much in money.

I could care less a chunk of our mortgage payment goes to our local school district--that’s what it’s for and I want our local school to be good for those who choose to use it--but to be reminded we “cost” the school district $$ just because we’re homeschooling??

Kay on May 1, 2008 at 02:44 pm

Pharaoh had a dream: He was standing by the Nile, 2 when out of the river there came up seven cows, sleek and fat, and they grazed among the reeds. 3 After them, seven other cows, ugly and gaunt, came up out of the Nile and stood beside those on the riverbank. 4 And the cows that were ugly and gaunt ate up the seven sleek, fat cows

WOOF on May 1, 2008 at 02:48 pm

Isn’t this the collective ending fund balance—which could consist of several funds, including a contingency fund—and the usual practice in government budgeting? You don’t want to reach $0 on May 14 when the fiscal year starts on July 1.

Pomerdorgrad on May 1, 2008 at 05:05 pm

Which is to say, I don’t know. But $17 million is about a 2 percent surplus, which is actually kind of small if it’s the total of school districts’ ending fund balances.

Pomerdorgrad on May 1, 2008 at 05:09 pm
Avatar for brad

Pomerdorgrad?
Hey, don’t be bringing logic onto this blog.  They will throw you right off.  It makes em nervous when not everyone grunts approval with every post.

brad on May 1, 2008 at 06:08 pm

Where’s the funding for my personal “rainy day fund?”

Kevin on May 1, 2008 at 06:13 pm

This logic that we need to steal people’s money for a rainy day is bull shit. It is our money, when you have a surplus or you don’t use all of the money budget you’re being over taxed.


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goon on May 1, 2008 at 07:07 pm
Avatar for FlybyKnight

Pomerdorgrad,

The school districts are mandated by statute to keep a certain percentage of their budget in reserve (I can’t remember the specific percentage, and it’s too late at night to go digging through the Century Code).  The last number I saw for total dollars held in reserve by the school districts was $187 million.  So this $17 million would be in addition to that, it seems.

That being said, I’m no expert on school finance.

FlybyKnight on May 1, 2008 at 09:09 pm

Just as long as the surplus money is visible you’re OK.  Let the voters know.  You don’t want to get into the practise of “spend or loose”.  Some years you just might need to replace a roof for example.  2% is not a bad overage.  Rather that than minus 2%!


Communism is evil

Chief RZ on May 2, 2008 at 05:01 am
Rob
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Well, another question to ask is this: If schools have extra money why aren’t they paying off their debts?

There is $217 million in outstanding bonds for schools statewide, with another approximatley $5 million outstanding in certificates of indebtedness.  And another $33 million in construction loans.

The interest on all that has got to be big.  Do we really need an extra $17 million sitting around when there is all this debt to pay off?


The war against illegal plunder has been fought since the beginning of the world. But how is… legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. Then abolish this law without delay … If such a law is not abolished immediately it will spread, multiply and develop into a system.

Frédéric Bastiat, The Law

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Rob on May 2, 2008 at 07:47 am
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