A. 2018-2020 DIRECT AID TO PUBLIC EDUCATION BUDGET 1. Technical Updates to Existing Direct Aid Programs Rebenchmark Direct Aid Costs for 2018-2020 (as presented to the Board of Education in September 2017) Governor - The introduced budget includes the state share of routine Governor’s rebenchmarking of costs for all of the Standards of Quality and other Direct Aid programs. These technical adjustments include updates for factors such as funded salaries, Annual School Report data used to calculate prevailing costs, inflation factors, Standards of Learning test score updates, enrollment updates, and projected caseloads for Lottery, incentive and categorical programs. The 2018-2020 Board of Education rebenchmarking presentation dated September 28, 2017, provides additional information about the details and source of the data used to make these technical updates. These adjustments reflect the cost of continuing current programs with the required biennial data updates used in the funding formulas, and do not reflect any changes in policy. For fiscal year 2019, routine rebasing of costs for the Standards of Quality and other Direct Aid programs results in an increase in state cost of $235.0 million. For fiscal year 2020, the increase in state cost is $256.8 million. Senate Same as the introduced budget. – Governor’s House Same as the introduced budget. – Governor’s Final General Assembly Action Same as the introduced budget. – Governor’s Technical Updates to Direct Aid Accounts for 2018-2020 subsequent to the Rebenchmarking Budget Presented to the Board of Education in September 2017 Governor - The introduced budget includes the state share of cost for additional Governor’s technical updates related to the rebenchmarking process that occurred after the Board of Education presentation in September 2017, due to the timing of data availability. These technical adjustments include updates to factors such as enrollment projections, inflation factors, Standards of Learning test failure rate data, updates for the most recent free lunch eligibility percentages, and caseloads for Lottery, incentive and categorical programs. These adjustments reflect the cost of continuing current programs with the required data updates used in the funding formulas, and do not reflect any changes in policy. These updates decrease the state share of cost by $4.8 million in fiscal year 2019 and by $2.1 million in fiscal year 2020. Senate Same as the introduced budget. – Governor’s Same as the introduced budget. House – Governor’s Final General Assembly Action Same as the introduced budget. – Governor’s
A. 2018-2020 DIRECT AID TO PUBLIC EDUCATION BUDGET 1. Technical Updates to Existing Direct Aid Programs Rebenchmark Direct Aid Costs for 2018-2020 (as presented to the Board of Education in September 2017) Governor - The Governor’s introduced budget includes the state share of routine rebenchmarking of costs for all of the Standards of Quality and other Direct Aid programs. These technical adjustments include updates for factors such as funded salaries, Annual School Report data used to calculate prevailing costs, inflation factors, Standards of Learning test score updates, enrollment updates, and projected caseloads for Lottery, incentive and categorical programs. The 2018-2020 Board of Education rebenchmarking presentation dated September 28, 2017, provides additional information about the details and source of the data used to make these technical updates. These adjustments reflect the cost of continuing current programs with the required biennial data updates used in the funding formulas, and do not reflect any changes in policy. For fiscal year 2019, routine rebasing of costs for the Standards of Quality and other Direct Aid programs results in an increase in state cost of $235.0 million. For fiscal year 2020, the increase in state cost is $256.8 million. Senate – Same as the Governor’s introduced budget. House – Same as the Governor’s introduced budget. Final General Assembly Action – Same as the Governor’s introduced budget. Technical Updates to Direct Aid Accounts for 2018-2020 subsequent to the Rebenchmarking Budget Presented to the Board of Education in September 2017 Governor - The Governor’s introduced budget includes the state share of cost for additional technical updates related to the rebenchmarking process that occurred after the Board of Education presentation in September 2017, due to the timing of data availability. These technical adjustments include updates to factors such as enrollment projections, inflation factors, Standards of Learning test failure rate data, updates for the most recent free lunch eligibility percentages, and caseloads for Lottery, incentive and categorical programs. These adjustments reflect the cost of continuing current programs with the required data updates used in the funding formulas, and do not reflect any changes in policy. These updates decrease the state share of cost by $4.8 million in fiscal year 2019 and by $2.1 million in fiscal year 2020. Senate – Same as the Governor’s introduced budget. House – Same as the Governor’s introduced budget. Final General Assembly Action – Same as the Governor’s introduced budget.
145-18b.docx