Budget Update...
At some point today, it is expected that the NYS legislature and Governor's office will reach an agreement on a state budget. There are several items within the budget that are worthy of careful attention by public schools throughout our state. Most importantly would the increase of foundation aid, above the Governor's initial draft executive budget. Currently, the 'rumors' coming out of Albany project this number to be somewhere between $50 million and $300 million in additional funding. Obviously, the higher the number, the better for our local budget outlook. Beyond the addition of foundation aid, it will be important to learn about how they are going to distribute the additional aid. Each year, there tends to be different factors put into play so that the additional funding is funneled toward targeted districts. In the end, based on historical trends and general conversation that we are hearing, I my best guess estimate for additional aid coming into Rome as a re