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.
Dalton -- Last Thursday, July 18, the yield curve (the spread between yields on 10-year and three-month U.S. Treasuries) turned un-inverted for the first...