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BUILDING ON SUCCESS: The Board of Regents State Aid Proposal 2008-09. Regents State Aid Proposal. Many major reforms advocated by the Board of Regents were enacted into law last year: Foundation Formula directed more aid to high need students and schools.
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BUILDING ON SUCCESS: The Board of Regents State Aid Proposal 2008-09
Regents State Aid Proposal • Many major reforms advocated by the Board of Regents were enacted into law last year: • Foundation Formula directed more aid to high need students and schools. • Big 4 Cities were required to maintain local aid even with increased State Aid. • Accountability increased for districts that get more aid. • Learning Standards will be reviewed. • These are just some highlights of the reforms enacted.
Regents State Aid Proposal • Now we are considering building on these reforms which are already showing success. • We propose greatly increasing State Aid. • Total increase is $1.9 billion.
Regents State Budget :Foundation Aid • Foundation Formula remains the key vehicle. • Regents propose an increase of $1.8 billion in Foundation Aid. • Direct 73% of the increase to high need schools, up from 65% in current budget. • However, all categories of school districts would gain – High Need (urban, suburban, and rural), Average Need and Low Need.
All categories of school districts from High Need to Low Need would get increased aid. Neediest students would get the most aid. 14,000 14,000 12,000 12,000 10,000 10,000 8,000 8,000 $13,134 $13,134 $13,134 6,000 6,000 $11,856 $11,856 $11,856 $11,664 $11,664 $11,664 $10,432 $10,432 $10,432 $10,318 $10,318 $10,318 $9,135 $9,135 $9,135 4,000 4,000 $8,020 $8,020 $8,020 $7,259 $7,259 $7,259 $6,763 $6,763 $6,763 $6,230 $6,230 $6,230 2,000 2,000 $3,071 $3,071 $3,071 $2,903 $2,903 $2,903 0 0 New York City New York City Large Cities Large Cities Urban Urban - - Suburban Suburban Rural High Need Rural High Need Average Need Average Need Low Need Low Need (Big Four) (Big Four) High Need High Need 2007 2007 - - 08 SY Enacted Budget per Enrolled Pupil 08 SY Enacted Budget per Enrolled Pupil 2008 2008 - - 09 Regents State Aid Proposal per Enrolled Student 09 Regents State Aid Proposal per Enrolled Student
Regents State Aid Proposal: Help English Language Learners • Additional funding would be directed to proven ways to help English Language Learners improve achievement. • In addition, the Regents recommend enhancing the weighting for English Language Learners in the Foundation Aid formula. • This will increase funding for innovative programs aimed at increasing achievement.
Regents State Budget Proposal:Expand Career Tech Programs • Increase proven Career and Technical Education (CTE) programs through $6 million in Challenge Grants. Enroll 20,000 more students. • CTE programs enable students to earn a Regents Diploma AND get an industry-approved credential. • Students who complete the programs graduate from high school at higher rates than students who don’t enroll.
Regents State Aid Proposal • Additional funding would be directed to proven ways to help English Language Learners improve achievement. • The Regents recommend enhancing the weighting for English Language Learners in the Foundation Aid formula. • This will increase funding for innovative programs aimed at increasing achievement.
Universal Prekindergarten: • Expand Universal Pre-K by $104 million to $535 million. • Make funding more flexible to support full-day Pre-K.
Regents State Budget :Foundation Aid • Foundation Formula remains the key vehicle. • Regents propose an increase of $1.8 billion in Foundation Aid. • Direct 73% of the increase to high need schools, up from 65% in current budget. • However, all categories of school districts would gain – High Need (urban, suburban, and rural), Average Need and Low Need.
BUILDING ON SUCCESS: The Board of Regents State Aid Proposal 2008-09