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Ways and Means committee debriefs proposed foundation formula, flags equity and data concerns
Summary
Members of the Ways and Means committee discussed a proposed school funding "foundation formula," raising questions about how money would be distributed to districts, guardrails to preserve funding, unequal local capacity to raise revenue, and data accuracy from the Agency of Education.
Members of the Ways and Means committee spent a debriefing meeting discussing a proposed state "foundation formula" for school funding and warned that the details will determine whether the change improves equity or introduces new problems.
A committee member said, "I think the foundation formula can be done well. I also think it can be done poorly," and pressed whether funds distributed under the new formula would be prescriptive or left to local districts to spend. The member said that question "will be answered" by the Legislature and that the new system could either direct dollars to students' needs or simply augment general district budgets.
Committee members raised several recurring concerns. They urged that any formula include guardrails so future…
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