Key elements

A look at the key components of the new school-funding formula developed by a committee of 16 school officials and introduced by a bipartisan pair of lawmakers.

Percentage of base cost

60% — K-12 teachers. Funded based on pupil-teacher ratios ranging from 20 to 27, using a weighted average of teacher salaries in Ohio. Also includes money for art, music and physical education teachers, plus professional development.

20% — School operations. Funded on a per-pupil basis.

15% — Student support. Includes athletics, safety and security, emotional and social support and technology.

5% — Administration. Includes superintendent, treasurer and technology support personnel.

Funding outside the base cost

• Ensure every low-income 4-year-old has access to high-quality preschool. • Increase the poverty-funding supplement from $272 per pupil to $422 per pupil.

• Fund special education at 100 percent instead of the current 90 percent. • Modify funding for gifted education, help for English learners and bus purchases.

Other recommendations

• Directly fund charter schools, instead of subtracting funding from traditional districts based on where a child lives. Funding amount still to be determined.

• Fund STEM schools directly.