Speaker Sheldon Silver and Assembly Education Chair Catherine Nolan today announced the SFY 2013-2014 Budget agreement allocates $21.2 billion in aid for local school districts for the 2013-2014 School Year (SY). Formula Aid will be distributed in the amount of $20.8 billion. This is an increase of $936 million over SY 2012-2013.
Foundation Aid will increase by $171.3 million and Gap Elimination Aid will increase by $517.4 million over SY 2012-2013.
"The Assembly Majority has always put the children in our classrooms first. This budget takes important steps to protect quality education programs in districts across the State. From critical prekindergarten programs and support for students with special needs to reinforcing our core curriculum, we are providing our students and teachers access to the tools they need to build the knowledge and the skills to compete against the world for the jobs and opportunities of tomorrow," said Silver.
"I am pleased to work with my colleagues in the Assembly Majority to deliver a budget that preserves critical assistance to New York State's schools. The education of our children remains our top priority. This investment in public education, which strengthens our schools, encourages innovation and fosters positive learning environments, is an investment in the future of the Empire State," said Nolan.
The budget agreement includes $25 million for the creation of additional half-day and full-day prekindergarten slots as well as $20 million for Extended Learning Time.
In addition, the enacted budget will include:
The budget agreement also authorizes the State Education Department to establish a teacher and principal bar exam and require higher quality student teacher experience.