
Federal Impact Aid Law
Federal Impact Aid Law helps support school funding in areas where local property taxes are low because of the presence of federal military bases, Indian reservations, or other federal properties. Since these properties don't contribute to local tax revenue, the law provides financial assistance to help schools maintain educational quality. The funding is intended to compensate for the loss of local tax income, ensuring that students in these areas receive a fair education, even when local financial resources are limited. This law recognizes the unique challenges faced by schools in federally impacted communities.