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Regents call for increase in school funding

Dec 13, 2016 12:02 am

Bethany Bump is reporting at Capitol Confidential the state Board of Regents will ask state lawmakers for a $2.1 billion increase in school funding next year. Most of the increase would come from a $1.47 billion additional Foundation aid, the state’s main school aid formula, and the Regents are calling for the remaining $4.3 billion owed to be phased in during the next three years. The call for more funding is driven in part by increased enrollment of high-need students in the state's schools. "...We look forward to the continued implementation of the Foundation Aid formula as it provides additional resources to school districts that need it the most. The Regents proposal is an important first step in this direction,” said James Tallon, Jr., who heads the Regents state aid subcommittee. The full board is expected to approve the request Tue., Dec. 13. Read the full story at Capitol Confidential.