CHICAGO - A panel of Ohio education experts is estimating it will cost the state $6 billion to $7 billion to reform school finance if lawmakers decide to adopt either of the two plans it is advocating.

The panel released tentative cost estimates the plans Tuesday. One proposal, which sets a minimum property tax levy per district and offers a limited match of state funds to districts that exceed that level, would cost about $7.3 billion. The other, which lets each district set its own property tax levy and guarantees supplemental state funding to meet a per-pupil stipend, would cost about $5.9 billion.

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