MORE ON THIS COMING BUT, some links for you:
- The Governor's proposed FY27 budget is here. If you're here, you're probably looking for local aid distribution.
- Local aid is best covered in the cherry sheets. You can find the preliminary municipal cherry sheets here; the regional cherry sheets here.
- The preliminary chapter 70 and net school spending requirements information is posted over here. If you want to dig in, download the complete formula spreadsheet. I notice they also helpfully included preliminary charter school tuition and enrollment projections this year here, as well.
And cheers, by the way, to the Division of Local Resources at the Department of Revenue and the school finance folks at DESE for having it all up at 1 PM today! No hitting refresh this afternoon! Thank you!
I will have more on this, but a few big numbers: the foundation budget is set on a 2.76% rate with insurance (benefits) increasing 8.29%. Thus for context, ask yourself if your local school budget is and/or can go up by only 2.76 percent (setting aside insurance increases). If the answer is 'no' (and I bet it is), you know if we're covering the costs of educating kids here.
Thus while I am certain attention will once again focus on the (legally mandated) $75/pupil minimum increase, I will again BEG people to PLEASE look at the inflation rate.
More on this as I have a chance to pull things apart more.
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