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Albany discusses school funding formula

Jul 07, 2016 12:02 am
Keshia Clukey reports in Politico New York that the state Education Department and the Board of Regents could make recommendations that change the way schools are funded to the governor before January budget discussions. Education policymakers and stakeholders in Albany are discussing the ways schools are funded and if they will follow the current formula for funding. New York has never fully followed the foundation aid formula set up during a decade-long court battle, pausing the phase-in of the formula during the 2009-10 school year because of the economic recession. The phasing-in is the “biggest expense for the state,” said Michael Borges, executive director of the New York State Association of School Business Officials. “It’s within the realm of possibility that foundation aid could get fully funded over the next two years, assuming the state’s economy stayed the same.” Read the full story in Politico New York.
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