School districts in Ohio will lose $780 million in state funding over 2 years

From The Columbus Dispatch: State operating funds for Ohio schools have been cut nearly $780 million for the next two years. State-only school aid actually increases in the budget, but it is more than offset by the decision not to replace $450 million in federal stimulus money and to accelerate the phase-out of certain tax reimbursements for schools. Only 17 of Ohio's 612 districts will get more operating money in 2013 than in 2011.