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Text   -   A08103
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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________

                                        8103--A

                              2009-2010 Regular Sessions

                                 I N  A S S E M B L Y

                                      May 4, 2009
                                      ___________

       Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
         tee on  Education  --  committee  discharged,  bill  amended,  ordered
         reprinted as amended and recommitted to said committee

       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:

    1    Section 1. In order to avoid endangering the fiscal stability  of  the
    2  Mount Vernon city school district, certain apportionments payable to the
    3  city  school  district  of  the city of Mount Vernon shall be paid on an
    4  accelerated schedule as follows:
    5    a. (1) Notwithstanding any other provisions of law, for aid payable in
    6  the school years 2009-2010 through 2038-2039  upon  application  to  the
    7  commissioner of education submitted not sooner than the second Monday in
    8  June  of the school year in which such aid is payable and not later than
    9  the Friday following the third Monday in June  of  the  school  year  in
   10  which  such aid is payable, or ten days after the effective date of this
   11  act, whichever shall be later, the Mount  Vernon  city  school  district
   12  shall be eligible to receive an apportionment pursuant to this act in an
   13  amount equal to the product of five million dollars ($5,000,000) and the
   14  quotient of the positive difference of thirty minus the number of school
   15  years elapsed since the 2009-10 school year divided by thirty.
   16    (2)  Funds  apportioned pursuant to this subdivision shall be used for
   17  services and expenses of the city school district of the city  of  Mount
   18  Vernon  and  shall be applied to support of its educational programs and
   19  any liability incurred by such city school district in carrying out  its
   20  functions and responsibilities under the education law.
   21    b.  The claim for an apportionment to be paid to the Mount Vernon city
   22  school district pursuant to subdivision  a  of  this  section  shall  be
   23  submitted to the commissioner of education on a form prescribed for such
   24  purpose,  and  shall  be payable upon determination by such commissioner

        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD11661-04-9
       A. 8103--A                          2

    1  that the form has been submitted  as  prescribed  and  that  the  school
    2  district  has  complied with the reporting requirements of this act. For
    3  each school year in which application is made pursuant to subdivision  a
    4  of this section, such approved amount shall be payable on or before June
    5  thirtieth  of  such  school year upon the audit and warrant of the state
    6  comptroller on vouchers certified or approved  by  the  commissioner  of
    7  education  in  the  manner  prescribed  by  law from moneys in the state
    8  lottery fund appropriated for general support of public schools and from
    9  the general fund to the extent that the amount paid to the Mount  Vernon
   10  city  school  district pursuant to this subdivision and subdivision a of
   11  this section exceeds the amount of the lottery  apportionment,  if  any,
   12  due  such  school  district pursuant to subparagraph 2 of paragraph a of
   13  subdivision 1 of section 3609-a  of  the  education  law  on  or  before
   14  September first of such school year.
   15    c.  Notwithstanding  the provisions of section 3609-a of the education
   16  law, an amount equal to the amount paid to the Mount Vernon city  school
   17  district  during  the base year pursuant to subdivisions a and b of this
   18  section shall first be deducted from payments  due  during  the  current
   19  school year pursuant to subparagraphs 1, 2, 3, 4 and 5 of paragraph a of
   20  subdivision  1  of  section 3609-a of the education law in the following
   21  order: the lottery apportionment payable pursuant to subparagraph  2  of
   22  such  paragraph  followed by the fixed fall payments payable pursuant to
   23  subparagraph 4 of such paragraph, and any remainder to be deducted  from
   24  the  individualized payments due to the district pursuant to paragraph b
   25  of such subdivision shall be deducted on a chronological basis  starting
   26  with the earliest payment due the district.
   27    d.  Notwithstanding  any  other provisions of law, the sum of payments
   28  made to the Mount Vernon city  school  district  during  the  base  year
   29  pursuant  to  subdivisions a and b of this section plus payments made to
   30  such school district during the current year pursuant to section  3609-a
   31  of the education law shall be deemed to truly represent all aids paid to
   32  such  school  district  during  the current school year pursuant to such
   33  section 3609-a for the purposes of computing  any  adjustments  to  such
   34  aids that may occur in a subsequent school year.
   35    e. (1) On or before the first day of each month beginning in July 2010
   36  and ending in June 2039, the chief fiscal officer and the superintendent
   37  of  schools  of  the Mount Vernon city school district shall prepare and
   38  submit to the board of education of the city school district a report of
   39  the fiscal condition of the school district, including but  not  limited
   40  to  the most current available data on fund balances on funds maintained
   41  by the school district and the  district's  use  of  the  apportionments
   42  provided pursuant to subdivisions a and b of this section.
   43    (2) Such monthly report shall be in a format prescribed by the commis-
   44  sioner  of  education.  The  board  of education shall either reject and
   45  return the report to the chief fiscal officer and the superintendent  of
   46  schools  for  appropriate revisions and resubmittal or shall approve the
   47  report and submit copies to the commissioner of education and the  state
   48  comptroller of such approved report as submitted or resubmitted.
   49    (3)  In the 2009-2010 through 2038-2039 school years, the chief fiscal
   50  officer of the Mount Vernon city school district shall monitor all budg-
   51  ets and for each budget, shall prepare a quarterly report of  summarized
   52  budget  data  depicting  overall  trends  of  actual revenues and budget
   53  expenditures for the entire budget as well  as  individual  line  items.
   54  Such  report  shall  compare revenue estimates and appropriations as set
   55  forth in such budget with the actual revenues and expenditures  made  to
   56  date.  All  quarterly  reports  shall be accompanied by a recommendation
       A. 8103--A                          3

    1  from the superintendent of schools or chief fiscal officer to the  board
    2  of education setting forth any remedial actions necessary to resolve any
    3  unfavorable  budget variance including the overestimation of revenue and
    4  underestimation  of  appropriations. The chief fiscal officer shall also
    5  prepare, as part of such report, a quarterly trial  balance  of  general
    6  ledger accounts in accordance with generally accepted accounting princi-
    7  ples  as  prescribed  by  the  state  comptroller.  All reports shall be
    8  completed within sixty days after the end of each quarter and  shall  be
    9  submitted  to the chief fiscal officer and the board of education of the
   10  Mount Vernon city school district, the state division of the budget, the
   11  office of the state comptroller,  the  commissioner  of  education,  the
   12  chair  of  the  assembly  ways  and means committee and the chair of the
   13  senate finance committee.
   14    S 2. This act shall take effect immediately.
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