Estimating FL’s SB 202 Universal Voucher Cost in First Year

Draining Funds From Public Education
Written By Florida Policy Institute and the Education Law Center

EXCERPT

The SB 202 proposed legislation in Florida would further expand the already substantial voucher program, pulling an estimated $4 billion in state aid from public school districts to private education in 2023-24 though Florida Empowerment Scholarships with the cost increasing annually. Estimates of the cost of this program at the district and state level were made based on a variety of assumptions described below. The Florida Tax Credit Scholarship program, providing $568 million in vouchers in 2021-22, is also poised for expansion, but estimates for that program are not included here.

Florida Policy Institute and the Education Law Center
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The Cost of Universal Vouchers: Three Factors to Consider in Analyzing Fiscal Impacts of CS/HB 1