Speaker Carl Heastie and Education Committee Chair Michael Benedetto unveiled a generous budget for NY schools in SFY 2024-25. The budget boosts Foundation Aid, reinstates Hold Harmless provision, and increases inflation factor to 2.8%.
Hizzoner will have to go hat in hand to the state capital to beg to retain control over city schools – a power set to lapse in June after only being granted a two-year extension back in 2021.
The issue of charters is expected to come to a climax in budget talks sometime soon now that Albany Democrats have reportedly finished negotiating bail and housing 20 days past an April 1 budget deadline.