Financial Transparency Reports

Background

Beginning with 2019-2020, all districts in New York State with four or more schools are required to “annually submit to the commissioner [of the State Education Department] and the director of the budget…a detailed statement of the total funding allocation for each school in the district for the upcoming school budget year” in the New York State School Funding Transparency Form.

Based on existing financial information that school districts already report to the State Education Department on a district-wide basis, the form seeks to capture school districts’ methodologies and/or rationales for school-level funding determinations, including funding from state, local, and federal sources. In addition, the form surveys school districts’ projected centralized district costs, school-level student and staff information, school-level allocations for various programs, and, if applicable, school-level allocations under any locally implemented funding formula.

Financial Transparency Reports

Additional Resources