Hedonic

The Wyoming Senate has revived a school finance measure with onesignificant change:The bill removes the controversial regional cost adjustment known as the hedonic model that caused the measure to fail in the house.

That provision would remove funding from communities with amenities and could have cost Teton County four million dollars. 

A new Wyoming School Finance bill has been approved by the Legislature's Joint Education Committee, but it has its critics. 

The biggest concern is over a portion of the bill that is called the regional cost adjustment, which applies to salaries districts get and takes into consideration where a district is located. 

The committee has decided to shift to a new funding mechanism called the hedonic wage index, that will reduce what the state pays for salaries by about seven million dollars.