We're less than halfway through the Fiscal Year (FY18), and, as I was re-reading MassBudget's FY18 budget analysis, I thought it worth noting a few of their key points.
* For further background on the state’s education funding system, see MassBudget's Demystifying the Chapter 70 Formula.
^ This increase is close to the 2.5% ($113.0 million total) increase from FY16 to FY17.
** Wherein the Commission found that according to the state’s estimate of what it takes to educate children (called the “foundation budget”), school districts are significantly under-resourced.
^^ For more information on general local aid, please see MassBudget's Demystifying General Local Aid in Massachusetts.