Isn't that charming. Warms your heart to see that these schools will be getting much more funding to improve education.
Nearly 700 underfunded schools will see an influx of $110 million next year under the city's new student funding formula, officials announced.
As principals across the city began scrutinizing their 2007-08 budgets yesterday, Schools Chancellor Joel Klein laid out specifics of the new "weighted" system designed to create more equity.
"For too long, some schools and some students have not had their fair share of resources, and we as a city can do better than that," Klein said.Under the plan, each student will be assigned a dollar value depending on grade level - from $3,788 to $3,902 - and then extra cash depending on special needs like poverty, special education and ability to speak English.
"There's always so much more you can do if you have more funds, so this is almost an answer to prayers," said Bronx Public School 53 Principal Collin Wolfe, who was thrilled to see his budget grow by about $440,000 for next year.
My Prediction: No increase in student achievement at all.