Financial Data and Reports

FY 2023 School Budget Allocations & Fair Student Funding Proposals

The 2022-2023 School Budget Presentation for CECs [English][Arabic][Bangla], [Chinese], [French], [Haitian-Creole], [Korean], [Russian], [Spanish], [Urdu] provides the explanation of the proposed 2022-2023 Fair Student Funding Formula. This proposal is available for public review of the proposed changes to the formula concurrent to the public engagement and public comment process proceeding the May 18, 2022 Panel for Educational Policy vote. Comments and questions can be submitted on or before May 17 via email to or by phone to (212) 374-6754.

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 the following information about any school’s FSF budget:

  • The Fair Student Funding Overview explains how each school’s FSF amount is calculated. It also details how the school’s funding has changed from the previous year.
  • The Fair Student Funding Detail shows the number of students in each FSF category. It also shows the changes from the previous year in each category.

School Allocation Memoranda

In addition to FSF, schools receive other funding through School Allocation Memoranda (SAMs). SAMs give money to schools for specific purposes. Schools can then budget for the needed services, such as teachers and supplies.

You can find SAMs here. The written description in each SAM provides:

  • purpose of the funds
  • background about the funds
  • source of the funds
  • how the funds should be used

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.

Other Financial Reports

We also publish other financial reports, which are required by law. These include:

Back to Top