Virginia Lawmakers Advance Plan to Overhaul K-12 School Funding Formula

A state legislative subcommittee in Virginia has approved a plan to hire an expert to study and propose a new K-12 school funding formula, aiming to update the state's 52-year-old system. This initiative seeks to address the disparity where local governments currently bear a significantly larger share of K-12 education costs compared to the state. The goal is to develop a clearer, potentially student-based, approach to funding public schools.