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 proceeding 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.
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:
- The Fair Student Funding Overview explains how each school’s FSF amount is calculated. It also details how the school’s funding has changed from the previous year.
- The Fair Student Funding Detail shows the number of students in each FSF category. It also shows the changes from the previous year in each category.
School Allocation Memoranda
In addition to FSF, schools receive other funding through School Allocation Memoranda (SAMs). SAMs give money to schools for specific purposes. Schools can then budget for the needed services, such as teachers and supplies.
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
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.
Other Financial Reports
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.
- School-Based Expenditure Reports are published once per year. 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.
- New York State School Funding Transparency Forms are published once per year. These reports represent DOE budget projections as per State-defined reporting categories.
- Update on Federal Stimulus and Foundation Increase Spending
- Preliminary Update on ARP-ESSER and on Foundation Aid Funding
- 2022 Preliminary Update on ARP-ESSER Funding
- In connection with Federal Stimulus and Foundation Increase Spending Report, please see our DOE Fall 2022 COVID-19 Guidance.
- Approved ARP-ESSER Application
Fair Student Funding Working Group
On July 28th, the Fair Student Funding Working Group began its first in a series of meetings to engage stakeholders to discuss the Fair Student Funding Formula. The Chancellor convened this group consistent with his vision to gain input from our families, staff, and communities on critical priorities, including recommendations to improve the Fair Student Funding Formula.
In response to concerns raised about the Fair Student Funding Formula, this Working Group has been charged with considering and making recommendations relating to the Fair Student Funding formula: the categories, types of students, grade levels, and weights within Fair Student Funding in order to best meet the instructional needs of students citywide in an equitable manner.
The working group will work to develop a plan, conduct necessary research and outreach (including engagement of members of the public), and develop recommendations. In order to ensure the recommendations can be considered for the FY24 budget planning and allocations to schools, recommendations must be delivered by October 31, 2022. The recommendations of this working group will be compiled and published on the DOE’s website.
To ensure transparency in this process, we share at this link minutes and presentations for all working group meetings; information about all input sessions that are open to the public; and the final recommendations developed by the Working Group.
Fair Student Funding Working Group: VIRTUAL Public Engagement Sessions, October 2022
Please join New York City Public Schools and the Fair Student Funding Working Group for a community engagement session focused on Fair Student Funding. There will be a brief presentation, followed by an opportunity to ask questions and give feedback.Registration for all sessions is available at: https://learndoe.org/face/
Member List
Members of the working group were selected based on interest and recommendations, as well as to ensure that expertise in key issues and all geographies were represented.
Meeting Dates
- Meeting #1: Thursday, July 28 - Meeting Minutes, Meeting Materials
- Meeting #2: Thursday, August 4 - Meeting Minutes, Meeting Materials, Additional Meeting Materials
- Meeting #3: Thursday, August 18 - Meeting Minutes, Meeting Materials
- Meeting #4: Thursday, September 1 - Meeting Minutes, Meeting Materials, Additional Meeting Materials
- Meeting #5: Thursday, September 15 - Meeting Minutes, Meeting Materials, Additional Meeting Materials, Additional Meeting Materials
- Meeting #6: Thursday, September 29 - Meeting Minutes, Meeting Materials, Additional Meeting Materials
- In Person Meeting: Thursday, October 4th – Meeting Materials, Additional Meeting Materials
- Meeting #7: Thursday, October 13 - Meeting Materials, Meeting Notes
- Meeting #8: Thursday, October 27 - Meeting Minutes, Meeting Materials
- Additional Materials - Minority Report
For any specific questions you may have about the Fair Student Funding working group, please reach out directly to FairStudentFunding@schools.nyc.gov.
Fair Student Funding Working Group Final Report
The Fair Student Funding Working Group submitted their report to the Chancellor on November 4th, 2022. The report is posted below.