2019-2020 Regents State Aid Proposal – Continuing Discussions State Aid Subcommittee October 15, 2018
Annual State Aid Budget Cycle • November 15 th Database: Provides first estimates for aid in the upcoming year • December: Regents State Aid Proposal • January: Executive Budget • February 15 th Database: Updated aid estimates; typically used for Enacted Budget • Early March: One-House Bills • April 1 st : Enacted Budget, release of aid runs 2
2019-2020 Regents Priorities “The 5 E’s” 1. Equity 2. Every Student Succeeds Act Implementation 3. Early Learning 4. English Language Learners 5. Efficiency (Initiatives and investments that will enhance and/or streamline Department and school district functions) 3
Stakeholder Feedback The Subcommittee Co-chairs have been engaged in a multi-month process, meeting with over a dozen stakeholder groups, including superintendents, parents, and union representatives. Conversations were constructive, and will help inform the Board’s State Aid Proposal discussions. 4
Actual Foundation Aid Paid to Districts vs. Formula Generated Phase-in Amount $25.00 $20.00 $3.45 $3.67 $3.83 $4.43 $5.47 $5.65 $4.87 $5.68 $4.31 $3.78 $3.16 $4.31 $15.00 $ in billions $10.00 $13.64 $14.86 $14.87 $14.89 $14.89 $15.01 $15.18 $15.43 $15.86 $16.48 $17.17 $17.79 $5.00 $0.00 Payable Foundation Aid Remaining Foundation Aid Phase-in Amount 5
Remaining Foundation Aid Phase-in by Needs/Resource Category The majority of new foundation aid would go to high need districts upon full phase-in $6.00 $0.35 $0.33 $0.34 $5.00 $1.04 $1.26 $0.99 $0.54 $0.19 $0.23 $0.55 $4.00 $0.17 $1.08 $0.95 $1.04 $0.57 $0.26 $1.57 $1.00 $0.19 $0.27 $1.70 $0.76 $1.65 $0.68 $3.00 $ in Billions $0.88 $0.77 $0.97 $0.79 $1.29 $0.92 $1.29 $1.02 $1.18 $2.00 $0.77 $1.18 $0.99 $2.71 $2.44 $2.42 $2.28 $1.00 $1.96 $1.88 $1.83 $1.75 $1.60 $1.56 $1.23 $1.18 $0.00 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 Remaining Foundation Aid Phase-in Amount as of 2018-19 Amount Remaining Percent Remaining Percent of Remaining Low Need New York City $1.23 billion 13.7% 35.7% Average Need Other High Need $1.18 billion 20.7% 34.2% High Need All High Need $2.41 billion 16.4% 69.9% NYC Average Need $0.77 billion 16.3% 22.3% Low Need $0.27 billion 25.3% 7.8% 6
Where Did Foundation Aid Go? The majority of new foundation aid funds have gone to high need school districts $1,200 $55 $53 $236 $1,000 $253 $800 $292 $ in millions $26 $0 $22 $331 $29 $128 $600 $119 $4 $248 $209 $18 $400 $170 $106 77% to High $622 Need $15 $2 Districts $7 $470 $48 $200 $349 $337 $11 $308 $300 $23 $85 $26 $135 $32 $103 $47 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 NYC High Average Low Note: Increases between 2012-13 and 2016-17 do not include amounts from Gap Elimination Adjustment Restorations 7
Actual Foundation Aid Paid to District vs. Formula Generated Phase-in Amount; by Needs/Resource Category $18.00 $16.00 $14.00 $2.50 $12.00 $3.17 $ in billions $10.00 $8.00 $12.80 $0.77 $6.00 $0.95 $9.41 $4.00 $0.27 $0.19 $2.00 $4.13 $3.51 $0.86 $0.86 $0.00 High Need Average Need Low Need High Need Average Need Low Need 2018-19 2007-08 FA Remaining Remaining Foundation Aid Phase-in Amount FA Payable Payable Foundation Aid 8
Subcommittee Discussion Foundation Aid is also the main funding formula and is flexible in how districts can utilize additional funding. Should the Proposal focus on providing additional funding through the Foundation Aid formula, which is flexible and is directed to high need districts, or does the Board want to make targeted investments within the 5 E’s framework? 9
Thank You 10
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