Mississippi School Funding Shortfalls Could Trigger Even Lower Target
Based on the expenditures in the mid-range districts, an average cost per student is developed. Local school districts statewide are supposed to receive that average cost per student multiplied by their average daily attendance.
Because of an unprecedented drop in state revenue collections in 2009-2010, the Adequate Education Program has been underfunded a total of about $980 million since the 2007-08 school year. The 2007-08 school year was the high water mark for education funding. Since then, education funding was reduced every year until the most recent 2012 session where it was increased about $20 million.