Virginia Legislative Subcommittee to Hire Consultant for New Public School Funding Formula Study

A Virginia legislative subcommittee has advanced plans to engage an external expert to develop and assess options for a new public school funding formula, a process anticipated to span up to two years. This initiative follows the subcommittee's approval on Monday and aims to update Virginia's 52-year-old Standards of Quality funding formula, which dictates the amount of state funding public schools receive.