I recently signed a reasonable financing formula into law, making Pennsylvanias system of school funding fairer and more equitable.Prior to the finalizing of

this bill, Pennsylvania was one of just three states in the nation without a reasonable funding formula. The reasonable financing formula was created and all embraced by the bipartisan Fundamental Education Funding Commission in June 2015. Having a formula in location will ensure school districts that brand-new financing will be dispersed equitably and financial investments in education will not be identified by the impact of one lawmaker over another.The fair funding formula establishes a method for designating brand-new state funds

to Pennsylvania schools. The reasonable financing formula accounts for district-based factors, consisting of the wealth of the district, the district’s present tax effort and the ability of the district to raise profits. It also includes student-based factors like the number of children in the district who live in poverty, are registered in charter schools and are English language learners.This is an essential step in improving our commonwealth’s education system. However this is not a cure-all for the obstacles our schools deal with. In order to offer students the education and skills they needhave to excel in a 21st century economy, we needhave to make substantial financial investments in our schools.In this year’s budget proposition, I am looking for added education financing, which would be dispersed utilizing the new fair funding formula. In 2014’s spending plan included a$ 215 million increase in basic education aid, a$ 30 million boost in top quality early childhood education, and a$30 million boost in the Unique Education Subsidy that will be dispersed utilizing the Unique Education Funding Formula. This increase, in addition to the brand-new financing formula, will continue to bring back Pennsylvania schools from the deep cuts of 2011. These are essentialare necessary actions, however we still have work to do. We need to fully restore the education cuts of 2011 and make certain that all schools have the resources they need to prepare students to prosper

. I am committed to combatingto combating for our schools and dealing with the Legislature to get our schools back on track.I appearanceanticipate continuing to deal with legislative leaders in the coming weeks to address our challenges and reach contract on a budget plan that is well balanced, repairs the deficit and more invests in education at all levels. We still have a great deal of work to do in order to restore financing, but we are now closer to dealing with the inequity in Pennsylvania’s school funding distribution.Tom Wolf Governor of Pennsylvania