BILL NUMBER: S9887
SPONSOR: WEBER
TITLE OF BILL:
An act in relation to apportioning funds to the East Ramapo central
school district for services and expenses
PURPOSE:
The purpose of this bill is to provide the East Ramapo Central School
District with a spin up.
SUMMARY OF PROVISIONS:
Section 1. States the legislative intent.
Section 2. Provides a spin up of $20 million to the East Ramapo Central
School District.
Section 3. Sets the effective date.
JUSTIFICATION:
The East Ramapo Central School District has experienced significant
fiscal challenges in recent years. This bill would help alleviate these
challenges by providing a one-time spin up of $20,000,000 of funding.
For years, the East Ramapo Central School District has been shortchanged
due to New York's outdated school aide formula by an estimated
$20,000,000 per year, an amount nearly identical to the spin up money
needed now.
It is imperative the newly mandated school aide formula evaluation is
completed in time to allow the East Ramapo Central School District to
receive its proper and accurate funding for the 2025 - 2026 school year.
LEGISLATIVE HISTORY:
New Bill
FISCAL IMPLICATIONS:
To Be Determined
EFFECTIVE DATE:
This act shall take effect immediately.