School Funding Work Sessions
How are funds allocated to individual schools? How are school budgets developed?
City Schools has convened a group of stakeholders from traditional schools, charter schools, and the district office to look at how schools are funded and to recommend how funding formulas and processes could be more transparent and easily understood, while ensuring equity across school types. All interested community members are invited to listen in on the group's work sessions, taking place throughout the fall.
The sessions are facilitated by consultants from Allovue , a Baltimore-based national leader in school budgeting and financial analysis services. Notes and presentation materials will be posted here following each session.
During budget development each year, City Schools allocates the maximum possible amount of funding to schools, both directly for flexible spending at the school level and indirectly through district-provided services. At the same time, the district must make sure funds are distributed equitably, so that each school can meet its students' individual needs. The different priorities and requirements mean that creating school budgets is complex, and the formulas the district uses for funding both traditional and charter schools have not been easy to understand.
Principles of school autonomy and equity guide the budget approach. City Schools must also adhere to Board policy, union agreements, and legal requirements around such things as provision of special education services, delivery of instruction to English learners, use of Title I and other federal dollars, appropriate funding of charter schools, management of capital improvement funding, and careful oversight of all spending.
Questions or comments? Please share them by email or call the New Initiatives Department at 443-642-3828.