According to a report from Representative Todd Stephens office, Gettysburg Area School District receives 26.4% of its annual revenue from the state. In December 2014, the Pennsylvania Education Funding Reform Commission conducted a hearing. The commission developed a new basic education funding formula which sets a new way to distribute state basic education dollars. It abolished the practice of "hold harmless" funding, which gave districts at least the same as they got the previous school year regardless of declining enrollment. The plan became law in June 2016 (House Bill 1552).