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December 2013 Vol. 21. No. 3 Focus on A Broken Funding System

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Taking a stand on education funding

Katie McGinty (D)

By the Notebook on Dec 6, 2013 12:38 PM

​I believe that it is past time to restore the funding formula for basic education, in order to ensure that every Pennsylvania student has access to a quality education, regardless of who he or she is or where he or she lives. I would return to a funding formula that accounts for the wealth available in the local community, the cost of instruction, and the number of students being served. 

There should be adjustments – such factors as high concentrations of low-income students and students whose primary language is not English. Too much of the new funds available from the state for basic instruction in the 2013 budget have more to do with who is representing a school district in the state Senate than they do with who that school district is serving. That’s simply wrong. 

 

Bio

Katie McGinty, born and raised in Northeast Philadelphia, attended St. Joseph’s University on a scholarship and majored in chemistry. 

She was also awarded a scholarship to study law at Columbia University. From there a judicial clerkship took her to the Court of Appeals for the Federal Circuit in Washington, D.C. She also won the Congressional Fellowship of the American Chemical Society, enabling her to work on Capitol Hill.

McGinty was a legislative assistant to Sen. Al Gore. She worked as a senior adviser to President Bill Clinton and chaired the White House Council on Environmental Quality from 1993 to 1998. 

After leaving the Clinton administration, McGinty worked in India at the Tata Energy Research Institute as a senior visiting fellow. Later, she served as a senior adviser on Vice President Al Gore’s presidential campaign, and after the campaign, became vice president for Asset Management for Natsource LLC. McGinty was later appointed secretary of the Department of Environmental Protection by Gov. Ed Rendell, serving from 2003 to 2008.

McGinty is currently an operating partner of Element Partners, a clean technology private equity firm. She serves on the board of directors at wholesale power company NRG Energy, Inc. and gas and electric utility Iberdrola USA. 

She and her husband, Karl, have three daughters and live in Wayne, Chester County.

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