Source: Education Week
“The $300 million increase … is split evenly between two of those four formulas, with targeted and finance incentive grants each getting $150 million more in fiscal 2018 than fiscal 2017…Targeted grants provide more money per child as a district’s poverty rate increases, while finance incentive grants are designed to address funding environments in “good finance”—those that spend relatively large amounts on schools and do so equitably—and “bad finance” states.”