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Edwards and Beitzel Want Wealth Formula Change

April 25th, 2014 by WCBC Radio

The District 1 Legislative Delegate to Annapolis continued to work this past session of the General Assembly on seeing some changes made to the controversial wealth formula index- and to secure some suplemental funding until the situation can be thoroughly studied. Allegany and Garrett counties, using the current formula are listed as wealthier than Howard County and almost as wealthy as Montgomery County. The formula thus leads to fewer state dollars coming to those counties. Delegate Wendell Beitzel and State Senator George Edwards pushed through a school funding  bills that will help school districts facing a drop in state funding. The state budget provides $1.7 million in aid for affected districts in fiscal 2015. Beitzel told the Chamber of Commerce this week that a study of the wealth formula is planned to begin in the fall of 2014 and is slated to be complete in 2016…





 

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