Revenue Sharing Agreement

  1. What do you see as the pros and cons of the Revenue Sharing Agreement between the Prince William County Schools and the Board of Supervisors?

PROS

  • “The division has a revenue sharing agreement where the county agreed to allocate 57.23 percent of the county’s general revenues.”  The majority of the county’s budget is directed to PWCS. 
  • A robust year in the county means a robust budget for the school system. 
  • Our School Board can count on a certain amount of funding each year based on this agreement.
  • The 5 Year Strategic Plan creates standards for the school system to maintain in order to receive the funding for example:
    • By 2016 the high school graduation rate will increase from 88% to

90%.

  • By 2016 the percentage of students scoring at an advanced

Standards of Learning (SOL) level in each subject area will increase from 25% to 50%.

  • By 2016 the percentage of graduates passing one or more advanced

exam (Advanced Placement, International Baccalaureate, or

Cambridge) will increase from 31% to 40%.

  • By 2016 the percentage of graduates with a Governors, Career and

Technical Education, Advanced Mathematics and Technology, or Civic Seal will increase from 46% to 65%.

  • By 2016 the number of dual enrollment (PWCS/NVCC) students will

increase to more than the baseline of 301.

  • By 2016 the ratio of National Board Certified Teachers to students will

increase from 1:701 to 1:500.

  • By 2016 the percentage of accredited schools will be 100%, even

with changes in the accreditation standards.

  • By 2016 the average elementary school classroom size will decrease

to less than the baseline of 23.2 students per classroom.

  • By 2016 the average middle school classroom size will decrease to

less than the baseline of 30.7 students per classroom.

  • By 2016 the average high school classroom size will decrease to less

than the baseline of 29.7 students per classroom.

CONS

  • If PWCS requires more money allotted for education to help them remain competitive with surrounding districts PWCS has to provide justification and are the mercy of the BOCS decision to make adjustments to the funding. 
  • The funding can vary from time period to time period.
  • If there are county shortfalls or the county encounters fiscal hard times, that 57% of general funds is impacted greatly.
  • Lean years mean inadequate funding as we have seen in the past.
  • What if the educational outcomes are not met? Does the PWCS still receive the allocated funds?

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