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Central Valley sees modest increase in state aid

Central Valley School District will see a 0.33 percent or $109,630 increase in total state aid excluding building aid in 2018-19 compared to 2017-18. Foundation aid will increase 1.9 percent or $400,000. Foundation aid is the general state aid districts receive to pay for routine expenses. Merger incentive aid will fall an anticipated $444,667.

School officials in high needs districts cannot finalize their budgets until they know the specifics of state aid. Central Valley is especially vulnerable to swings in state aid, because almost 80 percent of the district’s revenue comes from state aid. A 1 percent difference in state aid could affect local property taxes by more than 4 percent.

Aid breakdown

Central Valley’s state aid breaks out into four basic areas:

  • Foundation aid – general aid districts use for routine operations
  • Expense-driven aid – reimbursements for designated expenses such as transportation, BOCES services, prekindergarten, etc.
  • Reorganization (merger incentive) aid – special aid given for 15 years to districts that merge to improve programs and to become more efficient (Beginning in 2018-19, this declines by $444,677 each year until it expires in 10 years.)
  • Building aid – reimbursement for state-approved capital projects

Change in aid 2018-19 vs. 2017-18 (excluding building aid)

Aid category % Change $ Change
Foundation Aid 1.90% $407,229
Expense-driven Aid 1.93% $147,078
Reorganization Aid -11.11% -$444.677
Total 0.33% $109,630

Building aid increased 92.91% or $3,859,075, but could fluctuate based on when each stage of the capital project is completed. Those funds will go directly to pay for the ongoing and future costs of the capital project.

Other changes

Reporting school spending

The state budget will require districts to report information to the state about school building-level budget allocations for an upcoming school year. Central Valley will have to comply by 2020-21 or face the loss of state aid increases. The governor promoted the new rule as promoting greater transparency and equity in education spending.

Accepting monetary donations

The budget includes a provision that allows school districts to establish charitable funds to receive monetary donations. This is part of a broader effort to cushion New Yorkers from the federal cap on state and local tax deductions.

Availability of Feminine Hygiene Products

Schools serving grades 6-12 must now provide feminine hygiene products in restrooms at no charge to students.