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hedgehog

(36,286 posts)
Mon Jan 9, 2012, 02:48 PM Jan 2012

Governor Cuomo's trainwreck in progress:

The school district faces a $5 million gap, between the funds it will get in state aid and local taxes and the amount it will need to spend.

Districts that are low wealth are supposed to be weighted so that they receive more state aid. Fulton is highly dependent on state aid, which comprises 60 percent of the revenue stream.

The district anticipates another cut in state aid this year while abiding to two-percent tax levy cap. The revenue raised by a two-percent increase in the levy equates to only $388,000 for the district.

“The two principal ways that you can derive revenue have really been taken away from you,” Porter said. “You’re somewhat handcuffed by these two limitations. When you think about salary increases that you’re contractually bound to, increases in pension costs, mandated by the state, and insurance increases, $388,000 doesn’t go very far in an operation of your size. In fact, it doesn’t even move the needle.”



http://www.valleynewsonline.com/viewnews.php?newsid=88094&id=1


I do know this - some of the best teachers at the high school have already taken early retirement. Also, an excellent Latin language program has been eviscerated. Plus - all funding for the annual musical was cut.

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Governor Cuomo's trainwreck in progress: (Original Post) hedgehog Jan 2012 OP
I'll trade you Cuomo for Rick Scott HockeyMom Jan 2012 #1
 

HockeyMom

(14,337 posts)
1. I'll trade you Cuomo for Rick Scott
Mon Jan 9, 2012, 04:14 PM
Jan 2012

as a born, raised, and lived in for half a century New Yorker, unfortunately now living in Floriduh. I agree that it can and SHOULD be better, but thank your lucky stars it could be much, much WORSE.

BTW, I QUIT working for Florida's Public School system. I would rather clean toilet bowls than work as a public employee of this state.

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