Education Department requests $3 million to modernize school finance system as formula rollout remains uncertain

Feb 5, 2025

The Department of Education requested $3 million in capital construction funds to purchase a technology solution to upgrade its school finance management system, with a possible $6 million out‑year request. Committee members raised questions about how that work relates to the pending school finance formula change and the timing of implementation.

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The Department of Education presented a late request for $3 million in capital construction funds to replace its internal school finance management system, staff said. Dan Gravy, Legislative Council staff, said the department prefers a modified off‑the‑shelf solution and listed ongoing annual costs between $900,000 and $1.6 million depending on options.

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