EdTrust-New York Encouraged By Rockefeller Institute’s Foundation Aid Report for Equity Focus and Calls for Ongoing Stakeholder Engagement

Dec 4, 2024 | Press Release

“We are pleased that the Rockefeller Institute’s report on the State’s Foundation Aid education funding formula is thoughtful, comprehensive, and equity-focused. While the report demonstrates careful consideration of community engagement and testimony, we remain concerned about the short timeline and limited scope of stakeholder involvement. We hope that this report marks an important first step in a longer-term, comprehensive process that is deeply informed by stakeholders across the state.  

EdTrust-New York agrees with the Rockefeller Institute’s finding that the current formula is outdated and fails to meet the evolving needs of New York’s diverse student population, especially students of color, particularly Black, Latinx, and Native American students, multilingual learners, and students with disabilities. We appreciate the menu of options approach, which will allow the Governor, legislature, and education stakeholders to thoroughly review and discuss the provided options and consider alternative recommendations.  

While we agree that updating the data and providing additional support for key student subgroups is critical to improving educational equity across the state, we are concerned that the Rockefeller Institute’s report does not explicitly address funding for students who are unhoused, in foster care, or enrolled in 3-k and pre-k programs. Incorporating these students into the formula’s subgroups would strengthen outcomes for all students, ensuring that every child, regardless of background or circumstance, has access to a high-quality education.  

The Rockefeller Institute’s recommendations highlight the need for further research and cost modeling to ensure the formula provides sufficient funding for a sound basic education for all students. Therefore, any changes to the foundation aid formula in the 2025-2026 budget should include the creation of an independent commission to further study and revise the formula. This commission should include representatives from the Governor, the legislature, the New York State Education Department, as well as school funding experts and advocates. While we appreciate the comprehensive nature of the Rockefeller Institute’s study in a short time period, we believe it is just the beginning of the work needed to ensure our schools are equitably funded.  

We look forward to collaborating with state leaders in the coming months to discuss and implement many of these important recommendations.”