AN ACT RELATING TO EDUCATION -- THE RHODE ISLAND EDUCATION FUNDING AND ACCOUNTABILITY ACT

Summary

The bill adds Chapter 7.3 to Rhode Island’s education statutes, establishing a statewide formula that allocates state and local money to schools based on each student’s needs and each municipality’s ability to pay. It seeks to make school financing more equitable, predictable, and tied to student outcomes, affecting all public school districts, regional districts, charter schools and the municipalities that fund them.

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