The Nebraska Department of Education School Finance Office released a projected state aid model for 2014-15. The model has Bancroft-Rosalie receiving $222,611 in state aid next year, down $300,000 from this year's calculated aid. The two main reasons for the amount of aid lost were due to: 1) the 20% increase in District property valuation and 2) the loss of $137,401 in net option funding. The number of net option students dropped from 33 last year to 17 this year (as of December 31).
Each net option student adds approximately $8400 to our state aid amount.
