New York bill S01120 mandates a study on current education aid apportionment formulas, with recommendations for improvements.
New York bill S01120 requires the commissioner of education to conduct a comprehensive study on the sufficiency of current education aid apportionment formulas. The study will assess the impact of the tax cap on funding needs, increased costs to school districts, changes in district wealth, and state mandates. The commissioner will make recommendations for new formulas and deliver a report by December 31, 2026, to the governor, legislative leaders, and education committee chairs. The act will expire on January 1, 2027.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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