Relates to Tier 1 high tax aid apportionment and foundation aid

This bill updates New York State's school funding formulas for high-tax districts. It establishes new regional cost indices (like 1.314 for Hudson Valley) based on non-education labor market wages to adjust foundation aid calculations. For Tier 1 districts (those with high property taxes), it sets aid at the higher of either $450 per student multiplied by the state ratio or $100,000, ensuring no district receives less than prior entitlements. The changes apply immediately to school funding starting with the 2025-2026 school year.