The New York State Board of Regents called for a $2.1 billion increase in Foundation Aid for the 2019-2020 school year. The funds will support English Language Learners, career and technical education programs and universal pre-kindergarten programs throughout the state.
The Board also proposed funding that will implement the Every Student Succeeds Act. The ESSA is designed to meet the needs of every student in New York by achieving equity, supporting Early Childhood Learning and enhancing program efficiency.
“Providing our children with the opportunity to learn at an early age is one of the best investments we can make as a state. Working with my colleagues on the Board of Regents, we have proposed a Foundation Aid formula that will meet the needs of school districts and enhance opportunities for students while recognizing the realities of the State’s fiscal restraints.” said Beverly L. Ouderkirk said Co-Chair of the State Aid Subcommittee Regent.
The Regents propose $2.1 billion in additional investments in education, with $1.66 billion in aid formula increases, $410 million in statutory reimbursement-based aid increases, $25 million for the expansion of career and technical education (CTE) programs and $26 million for universal prekindergarten expansion.