Monday, October 31, 2016

Lynn Public School District Still Underfunded by a Considerable Amount

Over the past two years, I have reported on net school spending requirements as they relate to the Lynn Public School District. This was particularly in light of reports from early 2014 that put Lynn at a staggering $15.7 million dollars under its NSS requirement for fiscal year (FY) 2014. Since that time, Lynn's actual school spending compared to the amount required by the state has been in flux due to additional monies being allocated toward public education as well as direct dealings with the state in order to resolve some of the shortfall related to retired teacher benefits being inadvertently counted toward NSS. Lynn;s shortfall for FY14 is now listed by the Massachusetts Department of Elementary and Secondary Education (DESE) as just over $9 million compared to the $15.7 million listed nearly three years ago; as of FY16, public education in Lynn is underfunded by $6.8 million. From 2009-10 to 2015-16, the Lynn Public School District's student population did increase by 12.9% after a period of steady decline from 2000-01 to 2008-09.

Though this is a considerable amount, because Lynn is within the 5% "underfunding threshold" allowed by the state, the city is currently not facing financial or other penalties for not fully meeting its NSS requirement. Not including any carryovers from previous fiscal years, Lynn's net school spending requirement for FY17 is $197,467,144 which could potentially put its total requirement well over $200 million when one factors in the amount under from FY16. 

All data taken from: