Times have changed, but the formula remains stuck in 1949. The wealth disparities between neighboring towns simply did not exist at anything like their current scale. The founders of the regional school system could not have foreseen the inequity their formula has imposed on most towns today.
At a recent flower show, our Self-Taught Gardener couldn't believe how obsessed people got over slight differences among varieties of snowdrops, until he got sucked in, too.