School Funding Transparency
Education Law §3614 - which was passed by the Legislature and became law as Chapter 59 of the Laws of 2018 - requires school districts to “annually submit to the commissioner of the State Education Department and the director of the budget … a detailed statement of the total funding allocation for each school in the district for the upcoming school budget year” in a “form developed by the director of the budget, in consultation with the commissioner of the State Education Department.” The New York State School Funding Transparency Form is the outcome of this process.
Based on existing financial information that school districts already report to the State Education Department on a district-wide basis, the form seeks to capture school districts’ methodologies and/or rationales for school-level funding determinations, including funding from State, local, and federal sources. In addition, the form surveys school districts’ projected centralized district costs, school-level student and staff information, school-level allocations for various programs, and—if applicable—school-level allocations under any locally implemented funding formula.
Information regarding the New York State Division of Budget School Funding Transparency process can be found here: https://www.budget.ny.gov/schoolFunding/index.html
The Letchworth Central School District School Funding Transparency forms can be found here: