Senate Resolution No. 2703

BY: Senator STEWART-COUSINS

establishing a plan setting for purposes of
providing additional funding for school districts
which have experienced a significant financial
hardship created by (1) an extraordinary change in
the taxable property valuation or (2) a significant
shift in tax liability due to a tax certiorari
settlement or judgement. Notwithstanding section 24
of the state finance law or any provision of law to
the contrary, funds from this appropriation shall be
allocated only pursuant to a plan (i) approved by
the temporary president of the senate and the
director of the budget which sets forth either an
itemized list of grantees with the amount to be
received by each, or the methodology for allocating
such appropriation, and (ii) which is thereafter
included in a senate resolution calling for the
expenditure of such funds, which resolution must be
approved by a majority vote of all members elected
to the senate upon a roll call vote.

RESOLVED, That pursuant to and as required by money appropriated
in section 1 of chapter 53 of the laws of 2024 which enacts the aid to
localities, local assistance account for purposes of providing
additional funding for school districts which have experienced a
significant financial hardship created by (1) an extraordinary change
in the taxable property valuation or (2) a significant shift in tax
liability due to a tax certiorari settlement or judgement.
Notwithstanding section 24 of the state finance law or any provision
of law to the contrary, funds from this appropriation shall be
allocated only pursuant to a plan approved by the temporary president
of the senate and the director of the budget which sets forth either
an itemized list of grantees with the amount to be received by each,
or the methodology for allocating such appropriation, and thereafter
included in a senate resolution calling for the expenditure of such
funds, which resolution must be approved by a majority vote of all
members elected to the senate upon a roll call vote, in accordance
with the following schedule:
Hendrick Hudson Central School District
1,000,000
Rye City School District
500,000
North Shore Central School District
500,000