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Data shows $465 million inflation-driven gap in Bay State school funding

Funding formula cap not enough to match recent inflationary trends

The State House dome shines in the sun. (Staff Photo By Matt Stone/MediaNews Group/Boston Herald)
A new report due to be released Thursday has found a ‘glitch’ in an education funding formula that fails to fully account for inflation. (Matt Stone/Boston Herald, File)
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A report due to be released later this week by the Massachusetts Budget and Policy Center shows that inflation could collectively cost Massachusetts schools $465 million over the course of the next year, money that is not factored into the state’s school funding formula.

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