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District 25 budget team walks parents through Fair Student Funding formula and school allocations
Summary
District officials presented the city Fair Student Funding formula to parents and Council members, reviewed District 25’s $644 million budget allocation, explained how student ‘weights’ change per-student allocations, and pointed families to online school budget tools and a public comment window on proposed changes.
District officials presented an overview of Fair Student Funding (FSF) and how the formula determines school budgets during the Feb. 11 meeting of Community Education Council District 25. The presentation explained the citywide budget context, District 25’s allocation for the 2024–25 school year, and where families can find school-by-school budget details online.
The presentation, led by “Dr. Mike” with Paula Letito identified as the district’s budget director, put the New York City Public Schools total budget at roughly $41.2 billion for the 2024–25 school year and described the city, state and federal shares that fund it. “Total budget for 24–25 school year was 41,200,000,000, or about $32,000 per capita in our system,” officials said. District 25 received about $644 million in allocations for the year, the presenters said.
Why it matters: FSF is the largest source of operating funds for NYC schools and is intended to direct more resources to students…
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