# Some math about HCPSS funding needs and gaps

### Some math about HCPSS funding needs and gaps

I wrote something on this topic before. Here I am doing some simple math again with a relative simple model. Please let me know if you have any suggestions. Revised according to some suggestions.

#### Funding needs because of student enrollment growth

1. We have been seeing an average of 1000 new students per year for HCPSS in the past 10 years. Assuming 10% of the growth are students with special needs.
2. The increased cost is : 900*10,000 per student for general education from county funding +100*30000 per student for special education from county funding =12 million dollars
3. Another calculation using average (16k per student ) 16k * 1000=16 million dollars. County funds 2/3 of those, which is equivalent 10.6 million dollars.
4. So in general, we need more than 10 million extra dollars each year to accommodate our student’s growth in order not to increase class size or cut service.

## Does housing development pay the cost?

1. Assuming a house has two students over 30 years staying at HCPSS, ignoring inflation.
2. The property tax for a 400k house is 4k*30=120 K dollars in total.
3. The cost for 2 new students for HCPSS: 50k ( per student per seat in capital budget) *2 + 10000*13 (years)*2 = 360 K dollars
4. The gap of funding is 240 K per house.
5. If the house keeps generating students continuously ( the family moves in only when students attending HCPSS, assuming 20 years for two students ) , the tax will be 4k*20=80k. The gap will be 280k. Every forty year, the funding gap will be 560K, more than half million dollars.
6. There are also many other costs (infrastructure, county government etc) beyond school system.