EAST SYRACUSE – The Statewide School Finance Consortium on Wednesday voiced its support of a Board of Regents proposal – released this week – that addresses inequities in school district state aid distribution, including low wealth districts across Chenango County.
According to a Dec.14 press release issued by the SSFC, the 2012-2013 proposal recommends channeling 73 percent of new state aid to low wealth, high need school districts.
Those recommendations include:
• Elimination of the Gap Elimination Adjustment, which unfairly favors wealthy districts by funneling them higher percentage increases in state aid than low wealth districts.
• Changes to building aid formulas, starting in 2013-2014, including the elimination of provisions that shortchange low wealth, high need districts.