Governor Josh Shapiro signed into law a FY2025-26 budget providing an overall increase in education funding totaling more than $900 million, including a $565 million increase in public school adequacy funding, $105 million for Basic Education funding, and a $40 million increase for Special Education funding. It also includes a $125 million investment in school infrastructure, a Pre-K rate increase for teachers, and $175 million in savings to public schools through historic cyber charter reform.
According to a press release, the $50.1 billion budget is balanced, cuts taxes, and maintains nearly $8 billion in the Rainy Day Fund at the end of this fiscal year.
To view the press release, click here.