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Who cares
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Sponsors
2 Multi-sponsors
History
- Print number 8852a
- Amend and recommit to education
- Referred to education
- Referred to education
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to calculation of contingency budget percent increase in total spending over district's total spending under school district budget for the prior school year
In Senate Committee · Finance · Sponsor Suzi Oppenheimer
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:A8852A
Title of bill
An act to amend the education law, in relation to the calculation of contingency budget percentage increases in total spending over a district's total spending under the school district budget for the prior school year; and providing for the repeal of such provisions upon expiration thereof
Purpose or general idea of bill
This bill would permit school districts which will operate on a contingency budget for the 2010-2011 school year to use a five-year average CPI in calculating the allowable total spend- ing increases permitted under a contingency budget.
Summary of specific provisions
Section 1 amends the education law to permit school districts which will operate on a contingency budget to calculate allowable increases based on the average of CPI's for the previous five years. Section 2 makes the bill effective on May 1, 2010 and repeals the provisions on December 1, 2010.
Justification
The bill permits school districts which will operate on a contingency budget for the 2010-2011 school year to use a five year average consumer price index to calculate the allowable total spending increases. Current law says that a contingency budget cannot increase by more than 120% of the consumer price index or 4% whichever is less for the prior year. This would set the contingency budget cap for 2010-11 at -0.96%. This is deflation and it was not anticipated by current law. The consequences for school districts on contingency budgets will be disas- trous. This legislation therefore establishes a mechanism to address the unique impact of deflation on school budgets.
Prior legislative history
New bill,
Fiscal implications
None.
Effective date
This act shall take effect on May 1, 2010 and shall apply to school district budget votes for the 2010-2011 school year. It shall expire on December 1, 2010.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.