N.Y. School Boards executive director: Rockefeller Institute has been ‘transparent’ on Foundation Aid formula update

The Rockefeller Institute is preparing to update the Foundation Aid formula, which hasn’t been fully updated since 2007. While Governor Hochul aimed to end the “Save Harmless” provision and introduced a lower inflationary factor in funding, some lawmakers have persisting concerns about costs. The update could significantly impact racial and economic justice issues in education, as equitable funding is crucial for addressing disparities in underfunded school districts. The Columbia Center for Educational Equity criticizes the proposal for merely deferring the decision-making process, while the New York State School Boards Association views the Rockefeller Institute’s involvement positively, citing the potential for transparency and collaboration.

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