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CareerTech to study funding formula and FBA timing; board told changes could come by February

2171236 · January 1, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Agency leadership said the funding formula for full‑time technology center programs has not been updated in decades. Staff are studying formula changes and seeking flexibility in the timing of the FBA (flex benefit allowance) count to avoid delayed funding for schools that add staff midyear.

Director Hagan told the board the agency is reviewing the funding formula that determines state allocations to technology centers for full‑time programs. He said the formula has not been updated in decades and that agency staff and superintendents are working through committees to propose an equitable update.

Hagan said the agency is not ready to present a final plan but hopes to bring a recommendation to the board by February: "We're not in a place where we are, going to move…

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