Salem officials warn state funding formula keeps local pressure on FY27 budget School and city finance staff told the Salem School Committee Feb. 9 that the Chapter 70 formula and a growing 'added increment' are reducing state aid and increasing pressure on local budgets, even as the governor's FY27 proposal would modestly raise Salem's foundation aid.

Salem officials are sounding the alarm as a rising "added increment" in state funding formulas threatens to squeeze local school budgets even further, despite a modest increase in foundation aid.

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