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Joint interim committee adopts report outlining three options to address student-needs funding
Summary
The Joint Interim Committees adopted a report presenting three options for the state's 30-year foundation funding program, favoring a hybrid approach that would keep the current foundation in place and add weighted funds for student needs; the committee said any move to change funding would require legislation and be phased in as revenues allow.
The Joint Interim Committees voted to adopt a report that lays out three options for how the state funds public education and how student needs would be addressed, committee members said during a meeting. The report presents (1) keeping the current foundation program unchanged, (2) replacing the foundation program with a new student-needs-based formula, or (3) a hybrid approach that retains the foundation program and adds a separate pot of weighted funding for student needs.
The report matters because it frames possible changes to a foundation program that has been in place for roughly 30 years and sets the legislative pathway for adding money targeted to English learners, students in poverty, special education and charter schools. Committee members said any change under options 2 or 3 would require specific legislation to define weights and that implementation should be phased in over time to match available revenues.
Representative Jeremy Garrett, who presented the options, described the hybrid approach as leaving the foundation…
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