|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to finance|
|Feb 01, 2013||referred to finance|
senate Bill S3370
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S3370 - Details
S3370 - Summary
Provides for accelerated payments to the city school district of the city of Mount Vernon.
S3370 - Sponsor Memo
BILL NUMBER:S3370 TITLE OF BILL: An act providing for accelerated payments to the city school district of the city of Mount Vernon PURPOSE OR GENERAL IDEA: The purpose of this bill is to help ensure the fiscal stability of the Mount Vernon city School District by providing for a schedule of state aid to education payments to the district. SUMMARY OF SPECIFIC PROVISIONS: The bill prescribes a formula for the distribution of a portion of state education aid specifically to the Mount Vernon School District. Over a period of thirty school years from 2012-2013 to 2040-2041 in order to facilitate budget planning and to provide a rationale for calculating base amounts of future aid, the bill delineates year by year how the new formula is to be applied. JUSTIFICATION: In order to provide some stability to the school budget planning process, the bill creates a formula which will be a reliable basis for computing portions of future state aid payments. PRIOR LEGISLATIVE HISTORY: 2009-10: S.5261-B/A.8103 (Pretlow) - Veto Memo 20 FISCAL IMPLICATIONS: None. EFFECTIVE DATE: This act shall take effect immediately.
S3370 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3370 2013-2014 Regular Sessions I N S E N A T E February 1, 2013 ___________ Introduced by Sens. HASSELL-THOMPSON, KLEIN -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT providing for accelerated payments to the city school district of the city of Mount Vernon THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. In order to avoid endangering the fiscal stability of the Mount Vernon city school district, certain apportionments payable to the city school district of the city of Mount Vernon shall be paid on an accelerated schedule as follows: a. (1) Notwithstanding any other provisions of law, for aid payable in the school years 2013-2014 through 2040-2041 upon application to the commissioner of education submitted not sooner than the second Monday in June of the school year in which such aid is payable and not later than the Friday following the third Monday in June of the school year in which such aid is payable, or ten days after the effective date of this act, whichever shall be later, the Mount Vernon city school district shall be eligible to receive an apportionment pursuant to this act in an amount equal to the product of five million dollars ($5,000,000) and the quotient of the positive difference of thirty minus the number of school years elapsed since the 2013-2014 school year divided by thirty. (2) Funds apportioned pursuant to this subdivision shall be used for services and expenses of the city school district of the city of Mount Vernon and shall be applied to support of its educational programs and any liability incurred by such city school district in carrying out its functions and responsibilities under the education law. b. The claim for an apportionment to be paid to the Mount Vernon city school district pursuant to subdivision a of this section shall be submitted to the commissioner of education on a form prescribed for such purpose, and shall be payable upon determination by such commissioner that the form has been submitted as prescribed and that the school EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06407-01-3
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