'Profoundly disappointed': Hundreds of NY schools could get less state money in new budget 1

‘Profoundly disappointed’: Hundreds of NY schools could get less state money in new budget

Governor Hochul’s executive budget proposal features significant changes to the school funding formula. She proposes changes to the Foundation Aid formula, which would result in funding cuts for 44% of the state’s school districts. Notably, the elimination of the “hold harmless” policy and a shift in the way it takes inflation into account are included in the proposal. Public education advocates are emphasizing the need to preserve previous funding commitments, especially during the ongoing pandemic recovery period.

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