Virginia鈥檚 school finance formula is based on the state鈥檚 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鈥檚 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鈥檚 local government is required to raise revenues to meet that amount. Each district is required to levy a different amount based on its 鈥渃omposite index of local ability-to-pay.鈥� 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.
In March 2024, 91直播 announced the end of the Quality Counts report after 25 years of serving as a comprehensive K-12 education scorecard. In response to new challenges and a shifting landscape, we are refocusing our efforts on research and analysis to better serve the K-12 community. For more information, please go here for the full context or learn more about the EdWeek Research Center.
