School Based Financial Reports
Fair Student Funding Proposals
FY 2027 School Budget Allocations & Fair Student Funding Proposals
The 2026-2027 School Budget Presentation provides the explanation of the proposed 2026-2027 Fair Student Funding Formula. This proposal is available in English, Alabanian, Arabic, Bangla, Chinese-Simplified, Chinese-Traditional, French, Haitian Creole, Korean, Russian, Spanish, Ukrainian, Urdu and Uzbek for public review of the proposed changes to the formula concurrent to the public engagement and public comment process preceding the April 29, 2026 Panel for Educational Policy vote. Comments and questions can be submitted on or before April 28 via email to BudgetPublicComments@schools.nyc.gov or by phone to (212) 374-6754.
FY 2026 School Budget Allocations & Fair Student Funding Proposals
The 2025-2026 School Budget Presentation provides the explanation of the proposed 2025-2026 Fair Student Funding Formula. This proposal is available in English, Arabic, Bangla, Chinese, French, Haitian Creole, Korean, Russian, Spanish and Urdu for public review of the proposed changes to the formula concurrent to the public engagement and public comment process preceding the April 30, 2025 Panel for Educational Policy vote.
FY 2025 School Budget Allocations & Fair Student Funding Proposals
The 2024-2025 School Budget Presentation provides the explanation of the proposed 2024-2025 Fair Student Funding Formula. This proposal is available in English, Arabic, Bangla, Chinese, French, Haitian Creole, Korean, Russian, Spanish and Urdu for public review of the proposed changes to the formula concurrent to the public engagement and public comment process preceding the March 20, 2024 Panel for Educational Policy vote.
FY 2024 School Budget Allocations & Fair Student Funding Proposals
The 2023-2024 School Budget Presentation provides the explanation of the proposed 2023-2024 Fair Student Funding Formula. This proposal is available in English, Arabic, Bangla, Chinese, French, Haitian Creole, Korean, Russian, Spanish and Urdu for public review of the proposed changes to the formula concurrent to the public engagement and public comment process preceding the April 18, 2023 Panel for Educational Policy vote.
School Budget Allocations and Fair Student Funding
School Allocation Memoranda
Schools receive notifications about all direct allocations, including FSF, by means of School Allocation Memoranda (SAMs). SAMs explain the specific purposes of each source of funds.
For more information, please visit the SAM website. The written description in each SAM provides:
- purpose of the funds
- background about the funds
- source and amount of the funds
- how the funds should be used
Fair Student Funding
Fair Student Funding (FSF) is the main source of money for most schools. With input from the School Leadership Team, principals decide how to spend these funds to meet basic educational needs.
FSF is based on the number of students enrolled at each school and the needs of those students. This budgeting method is called a weighted pupil-funding model.
You can find out more information about FSF in the Fair Student Funding Guide.
You can also view information about any school’s FSF budget:
- The Fair Student Funding Detail walks you through a school’s FSF calculation.
For more information, please visit the Fair Student Funding Working Group.
Financial Data
We also publish other financial reports, which are required by law. These include:
- Financial Status Reports are published six times per year. FSRs give updates about the budget for the current year.
- Audited Financial Statements are published once per year. These reports evaluate the financial condition of the DOE by Generally Accepted Accounting Principles.
- New York State School Funding Transparency Forms (School years 2018-2023). These reports represent DOE budget projections as per State-defined reporting categories.
- Report on Fair Student Funding
- School-Based Expenditure Reports (School years 2000-2018). These reports estimate per pupil spending in each fiscal year. Estimates are based on school data such as registers and the total dollars spent at the school.
NYC Smart Schools Funding
This plan details how the Department of Education intends to use approximately $783 million in New York State Smart Schools Bond Act funding.
Update on Federal Stimulus and Foundation Increase Spending
- FY2024 Update on ARP-ESSER and Foundation Aid Funding
- Preliminary Update on ARP-ESSER and on Foundation Aid Funding
- 2022 Preliminary Update on ARP-ESSER Funding
- In connection with Federal Stimulus and Foundation Increase Spending Report, please see our DOE Fall 2022 COVID-19 Guidance.
- Approved ARP-ESSER Application
- ARPA Approved Application Budget Narrative
- ARPA Approved Application FS10s 1
- ARPA Approved Application FS10s 2
- ARPA Approved Application FS10s 3
- ARPA Approved Application FS10s 4
- ARPA Approved Application FS10s 5
- ARPA Approved Application FS10s 6
For feedback and inquiries please contact: Stimulus2022@schools.nyc.gov