This week, the State Department of Education released to school districts initial state aid allocations for the FY14 school year. Districts will see an increase in per-pupil funding of $8.60 per student. The initial allocation for FY14 is $3,038.60 per student as opposed to the $3,030.00 received for FY13.
Contributing most to the increase in FY14 state aid allocations is the State Department of Education’s receipt of an additional $21.5 million in funding for state aid to schools during this past legislative session.