2022-23 State Budget Updates
Education Funding
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Foundation Aid
Expense Based Aids
$1.53 billion increase over last year. Total amount continues year two of the foundation aid phase in plan with an amount equal to 50% of what is owed over this year. Projections from workshop #3 still accurate.
All formulas funded based on current structure. Notably aid forgiveness for building and transportation aid for penalties associated with incorrect forms was included in the budget. Projections from workshop #3 still accurate.
Other notable items…. Pre-K Funding Small funding increase for expanded seats (20).
Healthcare Bonus SED has to set the regulations, will have an impact on school healthcare workers.
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Earnings Waiver Suspension of the earnings waiver for retirees for employment through June 2023.
Special Schools Continues the cost shift from state to districts for students in specialized placements.
Pension Changes Tier 5 and 6 now have vesting at 5 years instead of 10.
Grants Significant funding for a variety of grant based initiatives around mental health, school climate, and summer/after school programs.
Tax Rebate Credit Program The final budget creates a Homeowner Tax Rebate Credit issued to income-eligible homeowners that own and reside in Basic or Enhanced STAR property For Basic STAR exemptions or credits: • Income not over $75,000, the credit is 163% of 2021 STAR savings outside of NYC and 125% within NYC • Income between $75,000 and $150,000, the credit is 115% of 2021 STAR savings outside of NYC and 115% within NYC • Income between $150,000 and $200,000, the credit is 66% of 2021 STAR savings outside of NYC and 105% within NYC • Income between $200,000 and $250,000, the credit is 18% of 2021 STAR savings outside of NYC and 100% within NYC • For Enhanced STAR exemptions or credits, the credit is 66% of 2021 STAR savings outside of NYC and 110% within NYC
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“If I had to predict, the next slide will change every year moving forward until we all retire” Brian Freeman -April 14, 2022
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Zero Emission Buses By 7/1/2027
By 7/1/2035
All newly purchased, leased, or contracted buses must be zero emission.
Every district must only operate, maintain, and contract for zero-emission buses.
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Districts can apply for a two year waiver to extend to 2029 and 2037 respectively Makes cost related to the lease, purchase, construction, or installation of zero-emission buses and infrastructure as well as electricity used as fuel all aidable transportation expenses Allows for 12-year leases of buses, as opposed to current 5 year allowance now Requires U.S. based purchasing Labor provision to address job transition (mechanics) Bond Act that is up in November to voters hinges on a lot of the aid and implementation of this plan ➢ Set up to cover the “local share” of costs after transportation aid
Commissioner of Education (with NYSERDA and OGS) is authorized to waive these procurement requirements if it is deemed in the public interest to do so due to a number of factors, including cost, availability and impact on students
Things left out that we were hopeful for… ▪ Career and Technical Education Investments ▪
Increase salary limits for aid from $30,000 to $60,000
▪ Prior Year Aid Claims ▪
No funding for backlog of claims ($800,000)
▪ Capital Outlay Increase ▪
Continues at $100,000, had hoped to go to $250,000 or higher
▪ Universal Meals ▪ 7
Since USDA did not act, never gained steam
Thanks! Any questions?
Legislative session ends in June, so still possible for items to change
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