In surprising setback to Mayor Adams, education panel rejects NYC school funding formula
From Chalkbeat:
The city’s Panel for Educational Policy voted Wednesday night against the routine approval of New York City’s school funding formula, raising significant concerns about school budgets for next academic year.
The panel’s rejection, stemming from longstanding concerns that the funding formula is outdated and inequitable, was a stunning setback for Mayor Eric Adams. With nine slots for mayoral appointees, the 15-member panel has generally operated as a rubber stamp for past mayors, but Wednesday night’s vote is the second rejection of administration policy in two months.
A vacant mayoral appointee position on the board may have played a decisive role in Adams’ failing to capture the eight total votes he needed to reauthorize the funding formula. Seven of Adams’ appointees voted yes, the five appointees from each borough president abstained, and the panel’s elected parent member voted no.
Read the full article here:
https://ny.chalkbeat.org/2022/4/28/23045950/pep-fair-student-funding-formula-vote-eric-adams
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