Special Report
Education

Virginia

January 04, 2005 1 min read
  • Save to favorites
  • Print

Virginia’s school finance formula is based on the state’s Standards of Quality program. The foundation formula provides about 90 percent of state aid to districts. Additional money is provided through various incentive and categorical programs. Each district’s foundation allotment is based on the costs of the instructional positions, support positions, and nonpersonnel support needed to meet the SOQ requirements. Specific instructional-staffing standards are defined through state statutes and vary from district to district based on differences in enrollment, such as the number of vocational students. The state requires a minimum local effort, and each district’s local government is required to raise revenues to meet that amount. Each district is required to levy a different amount based on its “composite index of local ability-to-pay.” The index takes into account local property values, income, and retail sales as measures of local wealth. The index can be no higher than 0.80, indicating that even the wealthiest districts will receive at least a 20 percent state share toward meeting the required cost of the SOQ. During the 2004 legislative session, the legislature voted to increase the state sales tax dedicated to public education, from 1 cent to 1.25 cents per dollar. All state lottery proceeds also are dedicated to K-12 public education.

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Data Webinar
Education Insights with Actionable Data to Create More Personalized Engagement
The world has changed during this time of pandemic learning, and there is a new challenge faced in education regarding how we effectively utilize the data now available to educators and leaders. In this session
Content provided by Microsoft
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
School & District Management Webinar
Accelerate Learning with Project-Based Learning
Earlier this year, the George Lucas Educational Foundation released four new studies highlighting how project-based learning (PBL) helps accelerate student learning—across age groups, multiple disciplines, and different socio-economic statuses. With this year’s emphasis on unfinished
Content provided by SmartLab Learning
School & District Management Live Online Discussion Principal Overload: How to Manage Anxiety, Stress, and Tough Decisions
According to recent surveys, more than 40 percent of principals are considering leaving their jobs. With the pandemic, running a school building has become even more complicated, and principals' workloads continue to grow. If we

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Education California Makes Ethnic Studies a High School Requirement
California is among the first in the nation to require students to take a course in ethnic studies to get a diploma starting in 2029-30.
4 min read
FILE - In this Jan. 22, 2020, file photo, Democratic Assembly members, from left, James Ramos, Chris Holden Jose Medina, and Rudy Salas, Jr., right, huddle during an Assembly session in Sacramento, Calif. Medina's bill to make ethnic studies a high school requirement was signed into law by California Gov. Gavin Newsom on Friday, Oct. 8, 2021. (AP Photo/Rich Pedroncelli, File)
Education California Requires Free Menstrual Products in Public Schools
The move comes as women’s rights advocates push nationwide for affordable access to pads, tampons, and other items.
1 min read
Tammy Compton restocks tampons at Compton's Market, in Sacramento, Calif., on June 22, 2016. California public schools and colleges must stock their restrooms with free menstrual products under a new law signed by Gov. Gavin Newsom, Friday, Oct. 8, 2021.
Tammy Compton restocks tampons at Compton's Market, in Sacramento, Calif., on June 22, 2016. California public schools and colleges must stock their restrooms with free menstrual products under a new law signed by Gov. Gavin Newsom, Friday, Oct. 8, 2021.
Rich Pedroncelli/AP
Education Florida to Dock School District Salaries for Requiring Masks
Florida is set to dock salaries and withhold funding from local school districts that defied Gov. Ron DeSantis' ban on mask mandates.
2 min read
Florida Gov. Ron DeSantis speaks, Tuesday, Sept. 14, 2021, at the Doral Academy Preparatory School in Doral, Fla.
Florida Gov. Ron DeSantis speaks, Tuesday, Sept. 14, 2021, at the Doral Academy Preparatory School in Doral, Fla.
Wilfredo Lee/AP
Education More Than 120,000 U.S. Kids Had Caregivers Die During Pandemic
The toll has been far greater among Black and Hispanic Americans, a new study suggests.
3 min read
FILE - In this Thursday, Sept. 2, 2021 file photo, a funeral director arranges flowers on a casket before a service in Tampa, Fla. According to a study published Thursday, Oct. 7, 2021, by the medical journal Pediatrics, the number of U.S. children orphaned during the COVID-19 pandemic may be larger than previously estimated, and the toll has been far greater among Black and Hispanic Americans. (AP Photo/Chris O'Meara, File)