It's also leading to the phase out of one of the nagging funding
formulas schools deal with.
Not exact matches
Lawmakers said they were still working out exactly how
school aid would be distributed; Heastie said there was yet not a
deal over how much money would flow through the Foundation Aid
formula, which prioritizes need and so helps urban districts, as opposed to restoring cuts from the Gap Elimination Adjustment, which hit suburban areas hardest.
Finding the correct
formula for relieving the local governments and
school districts of burdensome state mandates may probe difficult as lawmakers try to work out a
deal that would pave the way for a property tax cap.
Two people familiar with the outlines of the
deal, including one legislator, said the budget would direct an additional $ 627 million through the foundation aid
formula and $ 340 million through other funding streams while also directing $ 75 million to help community
schools.
While the two massive victories mean a great
deal to the education justice community who've been demanding the legislature fully fund public
schools, the state education funding
formula bill will now have to be passed in the House where it faces a serious uphill battle.
Indiana's A-to-F grading system came under scrutiny last year after it was revealed that former Supt. Tony Bennett amended grades for 165
schools because the underlying
formula couldn't
deal the nontraditional kindergarten to 10th grade format for those
schools.
The error — a byproduct of confusion and
deal - making in the session's final hours early Sunday morning — makes re-engineering the state's
school finance
formula more difficult than usual.
A massive rewrite of the state's current
school aid
formula pending in the House of Representatives — Senate Bill 16 — has generated a great
deal of interest and controversy.
Many
school districts and charter
schools might have benefited from the simpler
formula that was proposed by a commission
Deal empaneled for most of 2015, he said.
Facing Carter, who pledged to significantly boost k - 12 spending by pursuing tax cheats,
Deal took a different tack, pledging to overhaul the
school funding
formula.
The Fiscal Code contains language that distributes new state funding for
schools through the bipartisan Basic Education Funding Commission's (BEFC) funding
formula and brings to an end the era of powerful lawmakers cutting backroom
deals to dole out new funding to
schools.
Deal's successor will face the increasingly difficult task of rewriting the
formula or sticking with a
school funding method that has hobbled the education priorities of a string of previous governors.