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Wealth Formula Will Mean Increase in State Funding for Board

February 21st, 2022 by WCBC Radio

Although based on the per pupil wealth data, Allegany County’s public school system dropped toward the bottom of the list in the past year, the fiscal picture is actually improving.  During the regular monthly meeting, Chief Financial Office Larry McKenzie provided the board of education with an update on state funding and other budget considerations. The wealth formula used to measure school district wealth saw Allegany County fall- however that will mean an increase in the state funding allocation…