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Total education budget = 13.3B which is 548M more than FY’16.
(The 13.3B total includes pension and health benefits and school construction debt service>)
State Aid numbers released in 2 days (Feburuary 18) along wit Education Adequacy/revised weights
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Additional Direct State Aid +94.3M (total 9.1B) - Every district gets funding increase
SFRA formula (prorated) is being run for first time in several years - enrollments and wealth factors updated
Equalization aid = 6.09B
Transportation aid = + 6M
Security Aid = + 4M
Spec Education Categorical aid = + 6.3 (now total + 770M)
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Extraordinary Special Education aid = +5M (to 170M)
Choice aid = + 1.2M
Preschool = remains the same at 655M
All school districts get $10 per pupil to help establish professional learning communities = 13.5M
New categorical aid for 'Host' districts where charter schools have greatly increased = 25.9M