FY2004-2005 Biennium
The first budget after the litigation ended, and the only biennium of the decade in which foundation aid fell in real terms two years running. Its share of the department's budget reached 58.0%, the lowest figure the series carries between FY2002 and FY2027.
fiscal-period/fy2004-05 · 2 nodes point here
July 1, 2003 through June 30, 2005 — the first biennium enacted after DeRolph ended. H.B. 95 changed nothing structural in the formula. verified
It is the quietest act of the decade and the biennium with the sharpest measured decline, which is the pairing worth holding: a budget can leave a formula alone and still move what the formula pays, because the formula’s inputs are appropriations and appropriations are re-set every two years.
The foundation base cost formula remains in
force. Foundation aid is still 200501 plus 200612.
What this repository computed Contents
Not what Ohio publishes. Figures derived here from committed fixtures, each one citing the test that reproduces it.
Foundation aid fell in real terms in both years, and its share of the budget fell in both Contents
FY2004 enacted $8.377bn foundation $4.997bn 59.7% real $8.797bn
FY2005 enacted $8.653bn foundation $5.016bn 58.0% real $8.613bn
Against FY2003’s $9.157bn real, that is -3.9% and then -2.1%, while the department’s total
appropriation rose 3.3% and then 3.3% nominally. The money did not leave the department; it
stopped going through the formula. verified appropriation-lines.csv, bundle::deflator
58.0% is the lowest foundation share in the whole committed series, FY2002 through FY2027. verified
And poverty rose through it Contents
33.1% then 33.8% approved for free or reduced-price meals, up from 29.5% two years earlier.
verified mr81-sponsor-panel.csv Falling real formula aid and rising measured need is the
shape this decade repeats; it is stated once here and once on FY2010-11, where
it is sharper.
Properties Contents
| Label | FY2004-2005 |
|---|---|
| Kind | biennium |
| Starts | 2003-07-01 |
| Ends | 2005-06-30 |
| Appropriating bill | Am. Sub. H.B. 95 (125th General Assembly). verified the corpus holds this act |
| Context | Foundation base cost formula era, first budget after the litigation ended. Foundation aid is 200501 plus 200612, enacted basis. 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.
Links Contents
| Instance of | Fiscal Period |
|---|---|
| Follows | FY2002-2003 Biennium |
| Governed by | Foundation Base Cost Formula |
| Funded by | Am. Sub. H.B. 95 (2003) — FY2004-05 Budget; the First After DeRolph |
| Carries | State Foundation Aid |
| Sourced from | Catalog of Budget Line Items — what each appropriation line was given |
Also mentions
Pointed at by
| FY2006-2007 Biennium | Follows |
|---|---|
| Am. Sub. H.B. 95 (2003) — FY2004-05 Budget; the First After DeRolph | Appropriates for |