|Assembly School Aid Proposal: 2006-07|
The Assembly proposal uses a Foundation formula to provide transparent, predictable school aid and allow school districts to plan their budgets accordingly. This reform initiative provides for a functioning Foundation Operating Aid formula that reflects student need, regional cost, and school district fiscal capacity.
The Assembly proposal will increase School Aid by a total of $1.29 billion in School Year 2006-07 over School Year 2005-06.
The Assembly proposal will increase Foundation Operating Aid by $331 million in 2006-07. There is a consolidation of several existing formulas into the proposed Foundation Operating Aid. These include:
In addition, there are other traditional aid categories within General Support for Public Schools where the Governor's cuts are restored and which are either continued or increased in the 2005-06 school aid run. These include:
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