Relates to apportionment of public moneys to school districts employing eight or more teachers in high need districts

This bill adjusts how New York State calculates foundation aid for public school districts with eight or more teachers that are classified as "high need" based on specific wealth and need criteria. It modifies the formula used to determine the state's share of funding, changing how the "combined wealth ratio" (a measure of district wealth) affects the state funding percentage. School districts meeting both the size requirement (8+ teachers) and high-need status - determined by prior state calculations like the SA0708 or SA1314 listings - will see their foundation aid amounts recalculated under this revised formula. The change directly affects eligible school districts' state funding allocations without creating new eligibility categories.