From the NYS Assembly • Sheldon Silver, Speaker
Catherine T. Nolan, Chair, Education Committee
|Investing in the future|
Providing the tools necessary to help children succeed
The state budget provides a sound investment in our children’s future, complete with the necessary capital to modernize school facilities and expand the number of universal pre-kindergarten classes.
The budget is a clear victory for New York’s school children, with a record increase of $1.36 billion in education funding over last year, including a nearly 7 percent increase in formula-based school aid. This includes $631 million more than the governor’s proposed budget.
The budget provides additional support for schools, including:
It also restores the governor’s cuts to several worthwhile programs, providing increases over the governor’s budget of:
Addressing CFE: Constructing tomorrow’s schools today
The 2006-2007 budget also addresses the Campaign for Fiscal Equity’s lawsuit, which ordered more financial support for New York City schools. The Assembly’s EXpanding our Children’s Education and Learning (EXCEL) program meets the capital requirements of the CFE decision by providing $2.6 billion for capital construction on top of building aid – meaning more funding for every school district in the state.
It also helps New York City stretch school construction money by increasing the cap for the Transitional Authority by $9.4 billion to help fund the cost of New York City’s current capital plan and secures building aid payments to the city to support the increase.
Recognizing that strong community libraries are essential to our children’s education, the budget provides $5.7 million to ensure library aid keeps pace with local population growth and $14 million for capital projects to modernize libraries and invest in new educational technology.
The governor has repeatedly failed in his 12 years in office to provide our children with a sound, basic education. He has repeatedly said that an eighth grade education is good enough for New York’s children. The Assembly Majority, however, fought for a comprehensive plan that makes the grade when it comes to our schools. By providing improved educational facilities and adequately funding programs that help achieve higher standards, the budget ensures that our children are prepared for the challenges of the 21st century economy.
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