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A07867 Summary:

BILL NOA07867
 
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Provides for accelerated payments to the city school district of the city of Mount Vernon.
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A07867 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          7867
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                     April 11, 2025
                                       ___________
 
        Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
          tee on Education
 
        AN ACT providing for accelerated payments to the city school district of
          the city of Mount  Vernon;  and  providing  for  the  repeal  of  such
          provisions upon expiration thereof

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The Mount Vernon city school district shall be paid  on  an
     2  accelerated schedule as follows:
     3    a. (1) Notwithstanding any other provisions of law, for aid payable in
     4  the  school  years  2025-2026  through 2054-2055 upon application to the
     5  commissioner of education submitted not sooner than the second Monday in
     6  June of the school year in which such aid is payable and not later  than
     7  the  Friday  following  the  third  Monday in June of the school year in
     8  which such aid is payable, or ten days after the effective date of  this
     9  act,  whichever shall be later, provided, however that for the 2025-2026
    10  school year such application shall be no later than May  11,  2025,  the
    11  Mount Vernon city school district shall be eligible to receive an appor-
    12  tionment pursuant to this act in an amount equal to the product of up to
    13  eight  million  dollars  ($8,000,000)  and  the quotient of the positive
    14  difference of thirty minus the number of school years elapsed since  the
    15  2025-2026 school year divided by thirty, provided, however, that for the
    16  2025-2026   school   year  such apportionment shall be paid to the Mount
    17  Vernon city school district no later than May 20, 2025.
    18    (2) Funds apportioned pursuant to this subdivision shall be  used  for
    19  services and expenses of the Mount Vernon city school district and shall
    20  be  applied  to  support  of  its educational programs and any liability
    21  incurred by such city school district in carrying out its functions  and
    22  responsibilities under the education law.
    23    b.  The claim for an apportionment to be paid to the Mount Vernon city
    24  school district pursuant to subdivision  a  of  this  section  shall  be
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00790-04-5

        A. 7867                             2
 
     1  submitted to the commissioner of education on a form prescribed for such
     2  purpose,  and  shall  be payable upon determination by such commissioner
     3  that the form has been submitted  as  prescribed  and  that  the  school
     4  district  has  complied with the reporting requirements of this act. For
     5  each school year in which application is made pursuant to subdivision  a
     6  of this section, such approved amount shall be payable on or before June
     7  thirtieth  of  such  school year upon the audit and warrant of the state
     8  comptroller on vouchers certified or approved  by  the  commissioner  of
     9  education  in  the  manner  prescribed  by  law from moneys in the state
    10  lottery fund appropriated for general support of public schools and from
    11  the general fund to the extent that the amount paid to the Mount  Vernon
    12  city  school  district pursuant to this subdivision and subdivision a of
    13  this section exceeds the amount of the moneys apportioned, if  any,  for
    14  general  support for public schools due such school district pursuant to
    15  section 3609-a of the education law on or before September first of such
    16  school year.
    17    c. Notwithstanding the provisions of section 3609-a of  the  education
    18  law,  an amount equal to the amount paid to the Mount Vernon city school
    19  district during the base year pursuant to subdivisions a and b  of  this
    20  section  shall  first  be  deducted from payments due during the current
    21  school year pursuant to subparagraphs 1, 2, 3, 4 and 5 of paragraph a of
    22  subdivision 1 of section 3609-a of the education law  in  the  following
    23  order:  the  lottery apportionment payable pursuant to subparagraph 2 of
    24  such paragraph followed by the fixed fall payments payable  pursuant  to
    25  subparagraph  4 of such paragraph, and any remainder to be deducted from
    26  the individualized payments due to the district pursuant to paragraph  b
    27  of  such subdivision shall be deducted on a chronological basis starting
    28  with the earliest payment due the district.
    29    d. Notwithstanding any other provisions of law, the  sum  of  payments
    30  made  to  the  Mount  Vernon  city  school district during the base year
    31  pursuant to subdivisions a and b of this section plus payments  made  to
    32  such  school district during the current year pursuant to section 3609-a
    33  of the education law shall be deemed to truly represent all aids paid to
    34  such school district during the current school  year  pursuant  to  such
    35  section  3609-a  for  the  purposes of computing any adjustments to such
    36  aids that may occur in a subsequent school year.
    37    e. (1) On or before the first day of each month beginning in July 2026
    38  and ending in June 2055, the chief fiscal officer and the superintendent
    39  of schools of the Mount Vernon city school district  shall  prepare  and
    40  submit to the board of education of the city school district a report of
    41  the  fiscal  condition of the school district, including but not limited
    42  to the most current available data on fund balances on funds  maintained
    43  by  the  school  district  and  the district's use of the apportionments
    44  provided pursuant to subdivisions a and b of this section.
    45    (2) Such monthly report shall be in a format prescribed by the commis-
    46  sioner of education. The board of  education  shall  either  reject  and
    47  return  the report to the chief fiscal officer and the superintendent of
    48  schools for appropriate revisions and resubmittal or shall  approve  the
    49  report  and submit copies to the commissioner of education and the state
    50  comptroller of such approved report as submitted or resubmitted.
    51    (3) In the 2025-2026 through 2054-2055 school years, the chief  fiscal
    52  officer of the Mount Vernon city school district shall monitor all budg-
    53  ets  and for each budget, shall prepare a quarterly report of summarized
    54  budget data depicting overall  trends  of  actual  revenues  and  budget
    55  expenditures  for  the  entire  budget as well as individual line items.
    56  Such report shall compare revenue estimates and  appropriations  as  set

        A. 7867                             3
 
     1  forth  in  such budget with the actual revenues and expenditures made to
     2  date. All quarterly reports shall be  accompanied  by  a  recommendation
     3  from  the superintendent of schools or chief fiscal officer to the board
     4  of education setting forth any remedial actions necessary to resolve any
     5  unfavorable  budget variance including the overestimation of revenue and
     6  underestimation of appropriations. The chief fiscal officer  shall  also
     7  prepare,  as  part  of such report, a quarterly trial balance of general
     8  ledger accounts in accordance with generally accepted accounting princi-
     9  ples as prescribed by  the  state  comptroller.  All  reports  shall  be
    10  completed  within  sixty days after the end of each quarter and shall be
    11  submitted to the chief fiscal officer and the board of education of  the
    12  Mount  Vernon  city  school  district, the state division of budget, the
    13  office of the state comptroller,  the  commissioner  of  education,  the
    14  chair  of  the  assembly  ways  and means committee and the chair of the
    15  senate finance committee.
    16    § 2. This act shall take effect immediately and shall expire June  30,
    17  2055  when  upon  such  date  the provisions of this act shall be deemed
    18  repealed.
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