Funding Equity

Funding equity refers to the fairness in how financial resources are allocated to schools or districts, aiming to ensure all students have access to quality education regardless of their background or location. It considers differences in local wealth and needs, striving to provide equitable support so that students in less wealthy areas receive comparable opportunities as those in wealthier districts. The goal is to reduce disparities caused by economic inequalities, promoting an equal chance for academic success across all communities.