What is the school funding formula?

The school funding formula in Florida is based on the Florida Education Finance Program (FEFP). The formula is divided into three parts: the Base Student Allocation (BSA), Additional Allocation (AA), and other allocations. The BSA is the base amount of money used to fund each student in a district; it is equal to the lesser of the current year’s estimated district cost per student or the prior year’s actual district cost per student. The AA is the amount of additional money allocated to districts to cover factors such as student population growth, the cost of living, and the number of English Language Learners (ELLs) enrolled in a district. Finally, other allocations are the amounts of funds allocated to cover the cost of services such as gifted services and the cost of critical needs such as textbooks and technology. Overall, the FEFP provides resources to each district to ensure that each student has the resources they need to meet their educational goals. The amount of money allocated to each district is determined based on factors such as student population, district size, and student population need. The state of Florida also provides additional funds to school districts to cover the cost of special programs. These funds are allocated to district-level programs, such as Gifted Programs, Language Immersion Programs, and more.

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