Tracy Novick works as a field director for the Massachusetts Association of School Committees (MASC), and as a parent and resident of Worcester, MA, she was recently re-elected to the Worcester School Committee. She tries to explain the MA school funding formula/process in less than 10 minutes and comes close.
As you listen to this, substitute "Franklin" for "Worcester". We have one charter school, they have several. We have some Title 1 students, they have far more than we do.
I'd share the school budget numbers to plug in to replace the Worcester numbers but those are influx this year given the circumstances of the pandemic. You can find the 'current' and prior school budget info on the School Committee page: https://www.franklinps.net/district/school-district-budget
Video link = https://youtu.be/Vf_47iWxUZM
Tracy writes about the Worcester schools http://who-cester.blogspot.com/
For more about MASC visit https://www.masc.org/