Heather Bouchey (Interim Secretary, Agency of Education) and Nichole Lee (Director of Finance, Agency of Education) joined the Senate Finance Committee on Tuesday to discuss the cost drivers in education spending. The survey was put out in the field mid-January and most results came back in late January and early February. The survey sought to understand what districts are spending money on this budget cycle that may be driving the $230M in new spending. Lee identified rising health care premiums, the “ESSER cliff” as federal funds go away, capital construction projects, salaries & benefits, and inflation as primary reasons for spending increases.