Reports

Fully Funding the EBF: Volume III

Release: March 16, 2021

In the FY 2022 General Fund budget proposal the Governor announced in February, K-12 funding under the Evidence-Based Funding formula (EBF) is once again held level with FY 2020, in nominal, non-inflation adjusted dollars. While that is certainly better than being cut from FY 2020 levels in nominal dollars, it represents a step backward. By not providing additional new funding for the EBF, the state is extending the time it would take to fully fund the EBF by two years – if the state continues to put in a minimum of $300 million yearly beginning in FY 2023. That two year extension would mean extending the timeline to more than four times longer than what is required by statute. 

This update is the third installment in the Fully Funding the EBF Series.

Fully Funding the Evidence-Based Formula: 2020 Update

Release: August 4, 2020

Fully Funding the Evidence-Based Formula: 2020 Update” is an update to the “Fully Funding the Evidence-Based Formula: Four Scenarios” report from 2019. The updated 2020 report highlights three different funding scenarios, identifying for each scenario how long, and how much money would be required to fund an adequate and equitable education as identified by the Evidence-Based Funding Formula.