Formula driving $25 billion in state aid to NY schools finally faces retooling 1

Formula driving $25 billion in state aid to NY schools finally faces retooling

The Rockefeller Institute’s review of the Foundation Aid formula begins seeking public input starting on July 16, so community is encouraged to provide written or in-person testimony at the upcoming hearings across the state. Advocates and critics alike have long emphasized the need to update metrics to reflect 21st-century educational costs that ensure equity across districts, but Governor Hochul’s decision to task the Rockefeller Institute with studying how to keep the formula affordable could allow budgetary thriftiness to overshadow the constitutional obligation to provide every student with a sound basic education.

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