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1999 SESSION

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HJ 671 Study; revised basic school aid formula.

Introduced by: Robert G. Marshall | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Study; revised basic school aid formula. Establishes a joint subcommittee to study the need for revising the basic school aid formula. The joint subcommittee shall consider, among other things, current funding levels for meeting the Standards of Accreditation; specific needs and challenges identified by Virginia school divisions in striving to achieve and maintain accreditation; the varying fiscal capacities and demographics of the Commonwealth’s school divisions; the constitutional, fiscal, and policy implications of maintaining separate regulations and statutes imposing minimum standards for public schools in Virginia; the current basic school aid formula and its adequacy to meet new educational requirements; the necessity of developing a new basic school aid formula to accommodate the increased funding needs of local school divisions; and such other issues as it deems appropriate.


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