Kentucky K-12 education runs on a little under $8 billion a year, and the SEEK formula, combining state and local dollars, handles nearly $5 million of that total. Here’s the Prichard Committee’s new flashcard-based approach to visualizing how that crucial formula works.
It offers quick-moving access to the four major steps of how SEEK is designed to equalize funding to school districts and to key concerns about how the formula is working now.
For example, here’s how the base guarantee part of the formula is summarized in a single card, based on three imaginary school districts with different levels of property wealth.
Do check out the full nine-slide presentation, and we welcome comments, questions, and new dialogue about how this cornerstone element of Kentucky school finance is serving our students.
Since 1983, the Prichard Committee has worked to study priority issues, inform the public and policy makers about best practices and engage citizens, business leaders, families, students, and other stakeholders in a shared mission to move Kentucky to the top tier of all states for education excellence and equity for all children, from their earliest years through postsecondary education.