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  • NY school funding formula needs an overhaul, more than 100 organizations urge

    Sep 16, 2024

    (Walter Bibikow / Getty Images)

    Chalkbeat NY | A coalition of more than 100 New York organizations is urging the state to overhaul its nearly two-decade-old school funding formula.

    The organizations, which previously joined forces to raise alarm over school programs that were put at-risk by the expiration of billions of dollars of federal pandemic stimulus funds, are now turning their attention to the state’s Foundation Aid formula.

    In a joint statement, issued on Monday, they called for a revision to how the formula accounts for student poverty, added funding for students in temporary housing and the foster care system, increased support for students with disabilities and English language learners, and new funds for preschool students, as well as extra money to implement the state’s class size mandate for New York City schools, among other changes.

    First implemented in 2007, the state’s formula is no longer sufficient to meet student needs, many education experts and politicians agree. As part of a state budget agreement earlier this year, the Rockefeller Institute is conducting a study on how to revise the formula, which sends roughly $24.9 billion to school districts — including more than $9.5 billion to New York City schools.

    Though Foundation Aid just recently received full funding for the first time, it relies on decades-old data to calculate some metrics of district needs. Other factors, such as the number of students living in temporary housing, don’t weigh into the current formula at all.

    “Gov. Hochul and the state legislature deserve a lot of credit for fully funding Foundation Aid,” said Randi Levine, policy director of the nonprofit group Advocates for Children, one of the organizations that signed onto the statement. “But the formula was developed more than 15 years ago … and doesn’t address the current needs of students and schools. We think the time has come to make changes to this outdated formula and ensure it reflects the needs of today’s students and schools, with particular attention to students who need the most support.”