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Mayoral control of NYC schools likely to be renewed, but with tweaks, state senator says

NYC education panel approves $10 billion budget formula following promise of review

Schools chancellor David Banks promised to form a “working group” to re-evaluate and tweak the formula for future years, but argued that in the meantime, the formula must be passed in its current form to prevent the system from “grinding to a halt.”

After earlier snag, Fair Student Funding formula for NYC public schools is finally approved

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