Compendium of Budget Information for the 2009 General Session
|Subcommittee Table of Contents|
The Voted and Board Leeway Programs are state-supported property tax programs in which school districts levy a property tax and the state guarantees a certain amount of revenue generated per WPU. State funding supplements school districts with the lowest property tax revenue per student in the state. This is a result of the relative value of property in the school district being lower and not due to a lower effort by a school district to levy the property tax. Only school districts that don't meet the minimum revenue per WPU receive an allocation of state funding.