Adjusts the maintenance amount for the city school district of the city of New York; requires adjustment to reflect the consumer price index for all urban consumers in the New York-Northern New Jersey-Long Island portion of the New York-Northern New Jersey-Long Island, New York-New Jersey-Pennsylvania Metropolitan statistical area, as such is defined by the United States Department of Labor.
STATE OF NEW YORK
________________________________________________________________________
350
2023-2024 Regular Sessions
IN ASSEMBLY
January 6, 2023
___________
Introduced by M. of A. L. ROSENTHAL, BENEDETTO, DINOWITZ, COLTON --
Multi-Sponsored by -- M. of A. GLICK -- read once and referred to the
Committee on Education
AN ACT to amend the education law, in relation to adjusting the mainte-
nance amount for the city school district of the city of New York
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph b of subdivision 5-a of section 2576 of the
2 education law, as added by chapter 91 of the laws of 2002, is amended to
3 read as follows:
4 b. The city amount shall not be less than the city amount appropriated
5 in the base year as determined at the time of adoption of the budget for
6 the ensuing fiscal year[. Provided, however, in] adjusted to reflect the
7 five year average percentage change in the consumer price index for all
8 urban consumers in the New York-Northern New Jersey-Long Island portion
9 of the New York-Northern New Jersey-Long Island, New York-New Jersey-
10 Pennsylvania metropolitan statistical area, (CPI-U) as such is defined
11 by the United States department of labor and to include an additional
12 two billion two hundred million dollars in excess of the total amount of
13 expenditures for the two thousand six--two thousand seven base year
14 pursuant to section thirteen-a of part B of chapter fifty-seven of the
15 laws of two thousand seven, subject to the provisions of this section.
16 In accordance with subparagraph (ii) of paragraph a of this subdivision,
17 the city of New York's contribution of two billion two hundred million
18 dollars, pursuant to section thirteen-a of part B of chapter fifty-seven
19 of the laws of two thousand seven shall not include city payments to
20 bond or note holders for debt service or payments for employee pension
21 benefits. In the event the total amount of city funds relied upon to
22 balance such budget is lower than the total amount of city funds appro-
23 priated in the base year, determined at the time of adoption of such
24 budget, the city amount may be reduced by up to the same percentage as
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00835-01-3
A. 350 2
1 the overall percentage decrease in city funds between the base year and
2 the ensuing fiscal year.
3 § 2. This act shall take effect immediately; provided however, that
4 the amendments to paragraph b of subdivision 5-a of section 2576 of the
5 education law as made by section one of this act shall not affect the
6 repeal of such subdivision and shall be deemed repealed therewith.
