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New state budget adds Ready‑to‑Learn dollars; Cornwall‑Lebanon staff outline how funds and formula changes affect district
Summary
Officials said the recently signed state budget increases basic and special education funding and creates a sizable Ready‑to‑Learn supplemental fund that requires application; Cornwall‑Lebanon will seek adequacy funds and expects modest increases in basic ed and special ed funding and a cyber school tuition formula change that yields roughly $200,000 in cost avoidance.
Cornwall‑Lebanon finance staff briefed the board on Jan. 5 about implications from the newly signed state budget, highlighting new Ready‑to‑Learn supplemental funds and changes to cyber school tuition calculations.
Staff said the state budget — signed after a 135‑day impasse — included a $105 million increase to basic education, a $40 million increase for special education, $565 million for Ready‑to‑Learn supplemental grants and a per‑district safety grant minimum. For Cornwall‑Lebanon, the…
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