Requires the Educational Adequacy Report to include a comprehensive review of school funding components in consultation with stakeholders and experts.
The bill mandates that the upcoming Educational Adequacy Report, to be issued by September 1, 2025, include a comprehensive review of certain school funding components. This review must be conducted in consultation with a diverse group of stakeholders, including school administrators, staff, students, parents, and community members. Additionally, the Governor, in consultation with the Commissioner of Education, must commission school finance experts to recommend revisions to the methodologies for determining various cost factors.
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