January 04, 2023
Adjusting the ECS Formula for Inflation
This one-pager details how an inflation-based adjustment to the Education Cost Sharing (ECS) formula's foundation amount could be implemented to mitigate the annual increasing costs of providing educational services. The potential adjustment would alleviate districts’ reliance on local sources to cover rising costs and would ensure all districts have the resources they need to properly operate their schools and provide their students with a high-quality education when economic changes occur.
less than 1 minute
Economy