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Enacted Budget Webinar and Update, Corrections

By Deborah Cunningham posted 04-06-2016 14:13

  

NYSASBO held a webinar on the 2016 State Budget yesterday.  Two hundred ninety people registered for this overview of the state budget focusing on State Aid to school districts. NYSASBO continues to study the budget, and will provide information on areas not covered in this first webinar, and answer questions members have raised.

In particular, NYSASBO has scheduled a webinar on changes in the budget relating to STAR, Paid Family Leave, and Minimum Wage on April 25, 2016 from 11:00 am - 12:00 pm.  

NYSASBO has also made some corrections to yesterday's presentation, posted here.  For example, the total aid increase has been corrected to include the Final GEA Payment and is $1.4 billion, a 6.1 percent increase over 2015-16.  In addition, it corrects details related to Foundation Aid, for example, that : 

  1. the Foundation Aid Phase In Percent is multiplied by the district's increase in Foundation Aid before phase in, and not by the Foundation Aid Base, 
  2. districts are only eligible for a Foundation Aid Phase In increase if they have student poverty greater than 15 percent and an unrestricted aid increase of less than 7 percent, and 
  3. clarification concerning the Foundation Aid Due Minimum available to all school districts.

Click here to view updated budget presentation (pdf). 

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