Brooklyn- State Senator Martin Golden (R-C, Brooklyn), today announced an increase in $709 million over the 2006-2007 state budget for New York City Public Schools, totaling an allocation of $7.51 billion for New York City public schools in the 2007-2008 state budget. The budget increases school aid across the state by $1.8 billion, the largest increase in the history of New York State, with the City of New York representing 39.4% of all state education funding.
Senator Marty Golden stated, "Throughout the budget process, I fought to ensure a fair distribution of school aid for schools in New York City, specifically my Brooklyn district, in order to help students, teachers and parents have the best school system, best programs, and best opportunities possible. There is no greater investment than that of our schools and our children. This financial commitment to our schools promises to brighten our future."
The New York State Senate Majority Conference fought to ensure that schools throughout the state receive their fair share of aid based on their student population. The final budget provides school districts with a fair, transparent and predictable aid program that properly reflects the needs of students and taxpayers in New York and throughout the state.
This education budget meets the mandate of the Court of Appeals decision in the Campaign for Fiscal Equity lawsuit and provides significant increases in school district aid. The budget also builds upon the 2006 capital funding secured by Senator Marty Golden to support the modernization, renovation and repair of local schools. The record level of funding allows for Mayor Bloomberg to make significant accomplishments in the continued effort to improve New York City public schools.