Through Fair Student Funding (FSF), NYC schools receive funding based on their enrollment numbers. But with enrollment declines as a result of the pandemic, this formula was temporarily halted. While the DOE will allocate some federal funding to supplement the loss in funding due to decreased enrollment over the next two years, schools are still nervous about what their budgets will ultimately look like.
DOE First Deputy Chancellor Dan Weisberg expressed his concern on Tuesday about service and programming being affected by the decline. Ideally he would like to see enrollment increase but keep class size down, which has decreased by over 6 percent this past year. Schools still have not received their budget allocations, after the Panel for Education Policy rejected the funding formula back in April. DOE chief financial officer Lindsay Oates says they hope to get numbers to schools within the next few weeks.