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A Review of New York State's Foundation Aid Education Funding Formula with Recommendations for Improvement

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Title: A Review of New York State's Foundation Aid Education Funding Formula with Recommendations for Improvement
Language: English
Authors: Nelson A. Rockefeller Institute of Government
Source: Nelson A. Rockefeller Institute of Government. 2024.
Availability: Nelson A. Rockefeller Institute of Government. 411 State Street, Albany, NY 12203-1003. Tel: 518-445-4150; Web site: https://rockinst.org/
Peer Reviewed: N
Page Count: 314
Publication Date: 2024
Document Type: Reports - Research
Numerical/Quantitative Data
Descriptors: Funding Formulas, State Aid, Educational Finance, Resource Allocation, Educational Equity (Finance), Finance Reform, School Funds, Foundation Programs, Public Schools, Stakeholders, Educational Improvement
Geographic Terms: New York
Abstract: The New York State Board of Regents' 2004-05 State Aid Proposal put forward the idea of instituting Foundation Aid as a response to concerns about the sufficiency of state education funding then being provided to local school districts. In 2007, prompted by legal action, a call for reform by the Regents, and the election of a new governor with a mandate for education reform, New York State implemented its Foundation Aid formula as the primary vehicle for distributing state education aid to school districts. Much academic research has been done on state-level education financing; important studies that are relevant to New York's funding model and current efforts to reform it are covered extensively in this report. The approach other states are taking on education funding, which could inform discussions about how best to reform New York State's Foundation Aid formula, were examined and summarized as well. A snapshot comparing New York's education spending over time and compared to other states also is included for greater context. Informed by this research and by the substantial amount of public and stakeholder input received by the Rockefeller Institute over the course of this work, numerous ideas to amend and improve the Foundation Aid formula were developed.
Abstractor: As Provided
Entry Date: 2025
Accession Number: ED665167
Database: ERIC
FullText Text:
  Availability: 0
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  Data: A Review of New York State's Foundation Aid Education Funding Formula with Recommendations for Improvement
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  Data: Nelson A. Rockefeller Institute of Government. 411 State Street, Albany, NY 12203-1003. Tel: 518-445-4150; Web site: https://rockinst.org/
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  Data: 314
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  Data: 2024
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  Data: Reports - Research<br />Numerical/Quantitative Data
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  Data: <searchLink fieldCode="DE" term="%22Funding+Formulas%22">Funding Formulas</searchLink><br /><searchLink fieldCode="DE" term="%22State+Aid%22">State Aid</searchLink><br /><searchLink fieldCode="DE" term="%22Educational+Finance%22">Educational Finance</searchLink><br /><searchLink fieldCode="DE" term="%22Resource+Allocation%22">Resource Allocation</searchLink><br /><searchLink fieldCode="DE" term="%22Educational+Equity+%28Finance%29%22">Educational Equity (Finance)</searchLink><br /><searchLink fieldCode="DE" term="%22Finance+Reform%22">Finance Reform</searchLink><br /><searchLink fieldCode="DE" term="%22School+Funds%22">School Funds</searchLink><br /><searchLink fieldCode="DE" term="%22Foundation+Programs%22">Foundation Programs</searchLink><br /><searchLink fieldCode="DE" term="%22Public+Schools%22">Public Schools</searchLink><br /><searchLink fieldCode="DE" term="%22Stakeholders%22">Stakeholders</searchLink><br /><searchLink fieldCode="DE" term="%22Educational+Improvement%22">Educational Improvement</searchLink>
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  Data: <searchLink fieldCode="DE" term="%22New+York%22">New York</searchLink>
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  Data: The New York State Board of Regents' 2004-05 State Aid Proposal put forward the idea of instituting Foundation Aid as a response to concerns about the sufficiency of state education funding then being provided to local school districts. In 2007, prompted by legal action, a call for reform by the Regents, and the election of a new governor with a mandate for education reform, New York State implemented its Foundation Aid formula as the primary vehicle for distributing state education aid to school districts. Much academic research has been done on state-level education financing; important studies that are relevant to New York's funding model and current efforts to reform it are covered extensively in this report. The approach other states are taking on education funding, which could inform discussions about how best to reform New York State's Foundation Aid formula, were examined and summarized as well. A snapshot comparing New York's education spending over time and compared to other states also is included for greater context. Informed by this research and by the substantial amount of public and stakeholder input received by the Rockefeller Institute over the course of this work, numerous ideas to amend and improve the Foundation Aid formula were developed.
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  Data: 2025
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  Data: ED665167
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=eric&AN=ED665167
RecordInfo BibRecord:
  BibEntity:
    Languages:
      – Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 314
    Subjects:
      – SubjectFull: Funding Formulas
        Type: general
      – SubjectFull: State Aid
        Type: general
      – SubjectFull: Educational Finance
        Type: general
      – SubjectFull: Resource Allocation
        Type: general
      – SubjectFull: Educational Equity (Finance)
        Type: general
      – SubjectFull: Finance Reform
        Type: general
      – SubjectFull: School Funds
        Type: general
      – SubjectFull: Foundation Programs
        Type: general
      – SubjectFull: Public Schools
        Type: general
      – SubjectFull: Stakeholders
        Type: general
      – SubjectFull: Educational Improvement
        Type: general
      – SubjectFull: New York
        Type: general
    Titles:
      – TitleFull: A Review of New York State's Foundation Aid Education Funding Formula with Recommendations for Improvement
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              M: 12
              Type: published
              Y: 2024
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            – TitleFull: Nelson A. Rockefeller Institute of Government
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