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![]() ![]() The new formula would have increased the amount of money the State would have provided in Adequate Education Aid by nearly $2 billion in the 2018-2019 school year, an approximately 209 percent increase statewide over actual levels that year. The formula would also substantially boost maximum potential State funding levels for students with special education needs, students learning English as a new language, and students with low incomes enrolled in the free and reduced-price meal program, as well as for smaller school districts and for those districts with more students at certain grade levels. ![]() This revised formula would substantially boost the amount of money granted on a per pupil basis to all students as part of the State’s Adequate Education Aid for public schools, and would have raised the base per pupil amount from about $3,636 to $5,868 for the 2018-2019 school year. The proposed formula was developed based on statistical research examining student outcomes at New Hampshire school districts relative to the characteristics of the school districts and their students. The Commission’s recommendations, issued in a December 2020 report, included a substantial proposed revision to the education funding formula. The Legislature established the Commission to Study School Funding to better understand the consequences of this funding system, with particular regard to the equity of student outcomes, and offer recommendations for improvements. ![]() ![]() Federal funding typically constitutes a relatively small portion of school budgets, and locally-raised revenue, almost entirely from property taxes, is the source for most local public school funding in New Hampshire. State funding for local public education in New Hampshire comprises a significant component of both the State Budget and local public school budgets, and is the primary method through which resources for local public education are shared statewide. ![]()
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