DLS: New Tax Data Reveals Disparity Grant Program Underfunded by $54M
New income tax data reveals the Disparity Grant Program is underfunded by $54 million. The Disparity Grant Program provides noncategorical State aid to low-wealth jurisdictions. It promotes equity across jurisdictions to overcome disparate tax bases -- ensuring that counties, which rely on local income taxes for substantial revenue, can generate sufficient yield to fund schools, public health, public safety, roadway maintenance, and other essential community services. Recent years have seen State-imposed "caps" in this program…