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How can a community plan for increases in education funding?

Planning for future increases in education funding requires clear communication among local officials and current information on the Education Reform Act of 1993 (as amended). As such, policy makers, financial officials and school committee members should meet periodically throughout the year. It is important that all officials keep abreast of the financial impacts of this law (e.g., the foundation budget, school enrollment trends, municipal revenue growth factor, and net school spending). With adequate communication and financial planning, a community may be able to forecast the potential impacts of this law on the community’s budget process.

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