State cuts gap elimination, boosts school coffers

With the termination of the 2009 Gap Elimination Adjustment, GEA, school districts statewide will now receive the full percentage of state aid. The GEA was imposed as a measure to help the state close a 2010 budget gap. It diverted a percentage of state aid away from school districts and into state coffers. But it was only supposed to be a temporary fix for the state, yet it continued to reduced funding to school districts for years. The restoration of aid previously lost due to the GEA, however, is not retroactive.