State refunding $12 million to 687 short-changed school districts

State refunding $12 million to 687 short-changed school districts

In calculating the implementation of the federal funding formula for the 2017-18 school year, SED over-allocated $12 million to 275 charter schools and three Special Act schools. The miscalculation resulted in underpayments of the same amount to the 687 districts. The $12 million represents about 7.8 percent of the $153 million for local educational agencies throughout the state.