News & Press: Breaking News

State Reporting for School Funding Transparency

Wednesday, July 18, 2018  
Posted by: Jacqlene McAllister
As Required under section 3614 of Education Law

The Division of the Budget (DOB) released the school funding transparency form required under Section 3614 of Education Law with an accompanying guidance document which can be found here. Section 3614 of the Education Law requires school districts to annually submit certain demographic and financial data at the school level to DOB and NYSED.  Beginning in the 2018-19 school year, 76 school districts are required to report this information by August 31st. An additional 230 school districts will be required to report starting in the 2019-20 school year and the remaining districts will be required to report in the 2020-21 school year.  School district officials will have until July 25th to submit questions regarding the form for inclusion in a FAQ document, which DOB expects to release on August 8th.

ASBO conducted an informative webinar on understanding and completing the form on Wednesday, July 18. To access the powerpoint from this webinar, please click here