“These measures aren’t perfect, and we know that one could make an argument to swap out any one of these and replace it with a different variable,” said Jennifer Davis, Chief Equity Officer who served on the steering committee. “But we didn’t want perfect to be the enemy of good here – we think the composite of these five numbers gives a pretty clear picture of the additional challenges a campus or students might face so we can better support them. And, we’ll continue to monitor these criteria over time and make adjustments if need be.”
It is one thing to identify challenges; the important next step is to act in accordance with them. One primary use of the index is the Noble Equity Fund – an attempt to distribute additional dollars to campuses on a per-pupil basis so that campuses can provide additional support for their students and staff. The Equity Fund uses the Index to scale those dollars.
Campuses use this additional funding to layer on additional support for students receiving special education services, socio-emotional support, adding innovative academic interventions, purchasing additional resources for teachers, supplementing technology support for students, and more. Importantly, as outlined in the strategic plan, the use of these funds isn’t prescriptive. Principals, informed by their staff, students, and families – are deploying funds in flexible ways to meet students’ needs.
The fund is sure to adjust over time. “This is our second school year with the Equity fund,” said Alejandro Ramirez, Noble’s Chief Financial Officer, “so in many ways, we’re still learning the best ways to implement this, but we’re looking forward to the road ahead.”
“Fundamentally, we view our budget and how we support our campuses as a question of equity.” said Constance Jones, Noble’s CEO, “we believe that budgeting using principles of equity is a key lever for us to serve our students well and accomplish our mission.”