After catching heat for education budget cuts in 2022, Mayor Eric Adams and Schools Chancellor David Banks have sought to correct their egregious mistakes by proposing improvements to the budgeting formula for the 2023-2024 school year.
The newly workshopped Fair Student Funding formula is supposed to increase equity based on the recommendations made byThe proposals include an additional consideration for students in temporary housing or living in poverty, students with disabilities, English language learners and asylum-seeking students. The working group also suggested that public schools implement a more responsive budget appeals process and focus on increasing transparency.
“These changes, made as a direct result of the thoughtful work of the Fair Student Funding Working Group, are representative of New York City public schools’ commitment to working directly with our communities and putting into place genuine change to support our schools and our kids,” said Banks in a statement.
“The department has listened to the advocates for our students who participated in the Working Group,” they said. “We are also encouraged by changes to the budget appeal process and commitments to improve transparency around how DOE issues school budgets, so the public and government oversight entities are not left without basic information.
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