What's happening
This bill allows the Mount Vernon city school district to establish and use multi-year cost allowances for certain new construction projects for building aid purposes.
Why it matters
Provides Mount Vernon city school district with greater flexibility in managing large-scale construction projects, allowing them to phase costs and align state aid more closely with actual expenditures over time.
Could help the district plan and finance multiple major building projects (up to four) more effectively, reducing the risk of funding gaps or delays due to state aid timing.
By permitting multi-year cost allowances twice within the first five years and only allowing further adjustments after ten years, the bill balances flexibility with controls to prevent frequent recalculations that might complicate state budgeting or oversight.
Targets a specific set of voter-approved projects, ensuring that the benefits of this change are limited in scope and tied directly to a community-supported capital plan, rather than opening the door to broad new exemptions statewide.
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Who cares
Mount Vernon City School District officials
The bill would allow multi-year cost allowances to be established and used twice in the first five-year period when calculating building aid for up to four new construction projects authorized by the voter-approved March 7, 2017 bond proposal.
State education aid administrators
They would apply the special allowance schedule, with subsequent allowances established no sooner than ten years after the first maximum cost allowance.
Mount Vernon school district taxpayers
The bill would change how state building aid is calculated for eligible construction projects authorized by the district’s voter-approved bond proposal.
Headline styles
Support Mount Vernon School Projects
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to education
- Referred to education
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
5996
2019-2020 Regular Sessions
IN ASSEMBLY
February 26, 2019
Introduced by M. of A. PRETLOW -- read once and referred to the Committee on Education
AN ACT to amend the education law, in relation to the establishment of multi-year cost allowances for the Mount Vernon city school district
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph a of subdivision 6 of section 3602 of the education law is amended by adding a new subparagraph 8 to read as follows:
(8) Notwithstanding any other provision of law to the contrary, for the purpose of computation of building aid for up to four new construction projects, authorized pursuant to a March seventh, two thousand seventeen Mount Vernon city school district bond proposal approved by the voters of such district, multi-year cost allowances for each project shall be established and utilized two times in the first fiveyear period. Subsequent multi-year cost allowances shall be established no sooner than ten years after establishment of the first maximum cost allowance authorized pursuant to this subparagraph.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09976-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.