The corpus › Fiscal Period

FY2002-2003 Biennium

The first biennium under the formula H.B. 94 rebuilt after DeRolph II. State foundation funding was 62.9% of the department's budget in FY2002 and $4.88 billion — a level it would not return to in real terms for the rest of the decade, and never exceed after FY2009.

fiscal-period/fy2002-03 · 2 nodes point here

July 1, 2001 through June 30, 2003 — the first biennium funded under the formula H.B. 94 rebuilt in response to DeRolph II, with parity aid, gap aid and six special education weights. verified

The regime is the foundation base cost formula, which governs every biennium here through FY2009. Foundation aid was carried by two line items, 200501 Base Cost Funding and 200612, and the pair is what a series of this era has to sum: the single 200550 Foundation Funding line most later readers know did not exist yet. verified the Catalog of Budget Line Items

DeRolph IV was decided in December 2002, inside this biennium, and ended the litigation without a compliance finding. Nothing in the appropriation responds to it: the second year was already enacted.

What this repository computed Contents

Not what Ohio publishes. Figures derived here from committed fixtures, each one citing the test that reproduces it.

The share of the department’s budget that was foundation aid, and what it did next Contents

FY2002   enacted $7.749bn   foundation $4.878bn   62.9%
FY2003   enacted $8.112bn   foundation $5.037bn   62.1%

In constant FY2026 dollars that foundation figure is $9.054bn and $9.157bn. It is the benchmark the rest of the decade is measured against on this node’s siblings, and the reason it matters is on FY2010-11: nine years later, after $1.15 billion of nominal growth, the real figure is below this one. verified appropriation-lines.csv, bundle::deflator

Poverty, on the basis that was in force Contents

29.5% of enrolled pupils were approved for free or reduced-price meals in FY2002, 31.2% in FY2003, over 733 and 757 sponsors. verified mr81-sponsor-panel.csv That share rises in every biennium of this decade and does not stop rising; see the sibling nodes.

Properties Contents

LabelFY2002-2003
Kindbiennium
Starts2001-07-01
Ends2003-06-30
Appropriating billAm. Sub. H.B. 94 (124th General Assembly). verified the corpus holds this act
ContextFoundation base cost formula era, in the biennium after DeRolph II. Foundation aid is the sum of 200501 and 200612; 200550 did not exist until H.B. 66. Appropriation figures are enacted rather than actual. verified

Where this appears on the site Contents

The pages outside the corpus that link here, and the section of each the link sits in.