This week, Mayor Eric Adams and Chancellor Banks also announced proposed improvements to the Fair Student Funding (FSF) formula for the 2023-2024 school year. FSF is based on the number of students enrolled in each school and the needs of its students. The changes come after the Fair Student Funding Working Group made recommendations on ways to increase equity in the formula.
Here are the proposed changes:
- An additional weight for students in temporary housing to schools serving these students, including recent asylum-seeking students.
- An additional weight for schools that have higher concentrations of students with needs, including students in poverty, students with disabilities, and English language learners.
The Department of Education also has plans to enhance the budget appeals process to, “ensure it is responsive to schools’ special education staffing needs.” To read more about the proposed changes to FSF that will go to the Panel for Education Policy for review, see here.