Financial Data and Reports

School Based Financial Reports

New for FY 2024-25 - School Budget At a Glance

Fair Student Funding Details

Galaxy Allocation Details

Galaxy Budget Spending Details

SY 2024-25 Final Enrollment Projections

School Budget Allocations and Fair Student Funding

    School Allocation Memoranda

    Schools receive notifications about all direct allocations, including FSF, by means of School Allocation Memoranda (SAMs). SAMs explain the specific purposes of each source of funds.

    You can find SAMs here. The written description in each SAM provides:

    • purpose of the funds
    • background about the funds
    • source of the funds
    • how the funds should be used

    Fair Student Funding

    Fair Student Funding (FSF) is the main source of money for most schools. With input from the School Leadership Team, principals decide how to spend these funds to meet basic educational needs.

    FSF is based on the number of students enrolled at each school and the needs of those students. This budgeting method is called a weighted pupil-funding model.

    You can find out more information about FSF in the  Fair Student Funding Guide.

    You can also view the following information about any school’s FSF budget:

    • For more information on the Fair Student Funding Working Group, please see visit this page.

    FY 2025 School Budget Allocations & Fair Student Funding Proposals

    The 2024-2025 School Budget Presentation provides the explanation of the proposed 2024-2025 Fair Student Funding Formula. This proposal is available in English, Arabic, Bangla, Chinese, French, Haitian Creole, Korean, Russian, Spanish and Urdu for public review of the proposed changes to the formula concurrent to the public engagement and public comment process preceding the March 20, 2024 Panel for Educational Policy vote. Comments and questions can be submitted on or before March 19  via email to BudgetPublicComments@schools.nyc.gov  or by phone to (212) 374-6754. 

    FY 2024 School Budget Allocations & Fair Student Funding Proposals

    The 2023-2024 School Budget Presentation provides the explanation of the proposed 2023-2024 Fair Student Funding Formula. This proposal is available in English, Arabic, Bangla, Chinese, French, Haitian Creole, Korean, Russian, Spanish and Urdu for public review of the proposed changes to the formula concurrent to the public engagement and public comment process preceding the April 18, 2023 Panel for Educational Policy vote. Comments and questions can be submitted on or before April 17 via email to BudgetPublicComments@schools.nyc.gov or by phone to (212) 374-6754.


      Financial Data

      We also publish other financial reports, which are required by law. These include:

      • Financial Status Reports are published six times per year. FSRs give updates about the budget for the current year.
      • Audited Financial Statements are published once per year. These reports evaluate the financial condition of the DOE by Generally Accepted Accounting Principles.
      • New York State School Funding Transparency Forms (School years 2018-2023). These reports represent DOE budget projections as per State-defined reporting categories.
      • School-Based Expenditure Reports (School years 2000-2018). These reports estimate per pupil spending in each fiscal year. Estimates are based on school data such as registers and the total dollars spent at the school.

      NYC Smart Schools Funding 

      This plan details how the Department of Education intends to use approximately $783 million in New York State Smart Schools Bond Act funding.

      Update on Federal Stimulus and Foundation Increase Spending

      For feedback and inquiries please contact: Stimulus2022@schools.nyc.gov

      School Budget Resources

      Budget Resources for Principals (Authorization Required)

      School Budget and Finance Reference Materials (Authorization Required)