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TESTIMONY
John Liu on Impact of Foundation Aid Formula Update on New York Schools
0:00:00
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60 sec
John Liu discusses the potential effects of updating the foundation aid formula on schools in New York, with a focus on differences between Upstate and Downstate.
- Upstate New York could benefit from an update to the foundation aid formula, while the impact on Downstate remains unclear.
- Liu emphasizes the need for careful implementation to ensure beneficial outcomes.
- The state foundation aid is regularly adjusted for inflation, but recent proposals seek to change the inflation definition.
- Members of the state legislature, including those representing New York City, will scrutinize the potential impact on New York City schools.
John Liu
0:00:00
Could have different impacts on different parts of the state.
0:00:04
I would say that it's very clear that in many parts Upstate New York, that a foundation aid formula update would be beneficial to them.
0:00:16
It's not clear exactly what the impact would be downstate.
0:00:21
So, you know, we just wanna make sure we get it done right, but that does not necessarily mean that suddenly there's going to be a significant increase in state foundation.
0:00:32
State foundation aid has at the very minimum been updated every year for inflation except for the fact that the governor now wants to change the definition of inflation.
0:00:43
But it has gone up with the costs overall.
0:00:46
So it's just gonna be a question of exactly how it's updated.
0:00:49
And I'm I'm sure city members of the state legislature will be looking very closely at how that kind of foundation a formal update could impact New York City Schools.