The SUNY Rockefeller Institute of Government is leading a comprehensive study of New York State’s Foundation Aid Formula, which determines the financial support provided to school districts across the state.
The Foundation Aid Formula, established in 2007, is a crucial factor in the allocation of state funds to schools. Recognizing the need for an evaluation, the New York State Legislature has officially mandated a comprehensive study of the formula. This study will be accompanied by five public hearings, organized by the Rockefeller Institute, to gather input from communities statewide. The findings will be compiled into a report scheduled for release by December 2024.
The public hearings will be held at various locations across the state, featuring speakers from the education sector and a public commenting period. Interested individuals must register in advance to speak at these hearings. Complete information and registration details can be found at https://rockinst.org/foundation-aid-study/
Additionally, Senator Bill Weber, a leading advocate for updating the funding formula, will host a bipartisan discussion and testimony session at the Cultural Arts Theater of Rockland Community College on Monday, July 29th, from 6-8 pm. Senator Weber underscores the urgency of speaking up, particularly in light of the significant shortfall in foundation aid that Rockland schools have experienced, collectively amounting to tens of millions of dollars annually.
“We finally have an opportunity to address the inequities in the Foundation Aid Formula,” Senator Weber stated. “I strongly encourage every Rockland resident to make their voice heard and participate in this crucial process, which will have a major impact for years to come.”