New York State School Boards Association

Over the Cliff: School District Finances on the Edge


Over the Cliff: School District Finances on the EdgeNew York schools are teetering at the edge of a funding cliff. Gov. David Paterson has proposed a $1.1 billion cut in aid to schools for the 2010-11 school year at a time when local school boards face tapped-out property taxpayers, the looming expiration of federal stimulus dollars in 2011 and double-digit employee pension costs on the way.

A NYSSBA analysis reveals that if these cuts were enacted, they could set into motion several "cliffhangers," or factors that could threaten the long-term economic well-being of public schools in New York State and potentially push school district finances over the cliff.

Full Report (4 pages - 3.0 MB) 


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