Allan Odden and Lawrence Picus have been retained by the Wyoming Legislative Service Office to work with the Legislature’s Select Committee on School Finance Recalibration to update the cost basis of all the elements of the state’s school finance formula. The current funding formula was based on an adequacy study the pair conducted for the state in 2005 and updated five years later during the state’s 2010 recalibration effort.
The work for the 2015 recalibration project draws from an Odden and Picus authored “Desk Audit” of the state’s school finance system that recommended recalibration of many components of the funding model. Odden and Picus met with the Committee on May 21 and 22 in Casper, Wyoming to launch this year’s recalibration effort.
