educational issues. Virtually every document in the record
prepared by the Regents or the SED dealing with funding has
been critical of the formulas. For example, the Regents' Proposals
on School Aid for 1993-94 and 1994-95 state that the formulas:
“*
do not provide
adequately for all
students, especially the
most needy
0.0.1 *
are unduly complicated,
with 53 separate
formulas governing the
distribution of aid
1*
inhibit local flexibility,
since many kinds of aid
require specific programs
whether or not such
programs are the best
use of the money
2*
entail no accountability
for results, because
districts continue to
receive the money no
matter what
3*
do not deal adequately
with local differences in
wealth and cost
4*
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