New York State Assembly

 
•  Summary 
 
•  Actions 
 
•  Floor Votes 
 
•  Memo 
 
•  Text 

A03733 Summary:

A03733 Actions:

A03733 Floor Votes:

A03733 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         3733--B
 
                               2013-2014 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 28, 2013
                                       ___________
 
        Introduced by M. of A. NOLAN -- (at request of the State Comptroller) --
          read  once  and  referred  to  the Committee on Education -- committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee -- recommitted to  the  Committee  on  Education  in
          accordance  with Assembly Rule 3, sec. 2 -- committee discharged, bill

          amended, ordered reprinted as amended and recommitted to said  commit-
          tee
 
        AN  ACT  to  amend the education law, in relation to requiring notice of
          reserve funds and reserves funded by resolution
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.    Subdivision  5 of section 1608 of the education law, as
     2  amended by section 5 of part A of chapter 436 of the laws  of  1997,  is
     3  amended to read as follows:
     4    5.  The  trustee or board of trustees shall append to the statement of
     5  estimated expenditures a detailed statement of the total compensation to
     6  be paid to the superintendent of schools, and any assistant or associate
     7  superintendents of schools in  the  ensuing  school  year,  including  a
     8  delineation  of  the salary, annualized cost of benefits and any in-kind

     9  or other form of remuneration, and a schedule of reserve funds,  setting
    10  forth  the  name of each reserve fund, a description of its purpose, the
    11  balance as of the close of third quarter of the current school  district
    12  fiscal  year  and  a brief statement explaining any plans for the use of
    13  each such reserve fund for the ensuing fiscal year.  The trustees  shall
    14  also  append  a list of all other school administrators and supervisors,
    15  if any, whose annual salary will be eighty-five thousand dollars or more
    16  in the ensuing school year, with the title of their positions and annual
    17  salary identified; provided however, that the  commissioner  may  adjust
    18  such  salary level to reflect increases in administrative salaries after
    19  June thirtieth, nineteen hundred ninety-eight. The trustees shall submit

    20  a copy of such list and statement, in a form prescribed by  the  commis-
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03379-05-4
        A. 3733--B                          2
 
     1  sioner, of compensation to the commissioner within five days after their
     2  preparation. The commissioner shall compile such data, together with the
     3  data  submitted  pursuant  to  subdivision  three  of  section seventeen
     4  hundred  sixteen  of  this chapter, into a single statewide compilation,
     5  which shall be made available to  the  governor,  the  legislature,  and
     6  other interested parties upon request.
     7    § 2. Subdivision 5 of section 1716 of the education law, as amended by

     8  section  7  of  part A of chapter 436 of the laws of 1997, is amended to
     9  read as follows:
    10    5. The board of education shall append to the statement  of  estimated
    11  expenditures  a  detailed statement of the total compensation to be paid
    12  to the superintendent of schools, and any assistant or associate  super-
    13  intendents  of  schools  in the ensuing school year, including a deline-
    14  ation of the salary, annualized cost of  benefits  and  any  in-kind  or
    15  other  form  of  remuneration,  and a schedule of reserve funds, setting
    16  forth the name of each reserve fund, a description of its  purpose,  the
    17  balance  as of the close of third quarter of the current school district
    18  fiscal year and a brief statement explaining any plans for  the  use  of
    19  each  such  reserve  fund  for the ensuing fiscal year.  The board shall

    20  also append a list of all other school administrators  and  supervisors,
    21  if any, whose annual salary will be eighty-five thousand dollars or more
    22  in the ensuing school year, with the title of their positions and annual
    23  salary  identified;  provided  however, that the commissioner may adjust
    24  such salary level to reflect increases in administrative salaries  after
    25  June  thirtieth,  nineteen  hundred ninety-eight. The board of education
    26  shall submit a copy of such list and statement, in a form prescribed  by
    27  the  commissioner,  of compensation to the commissioner within five days
    28  after their preparation.  The  commissioner  shall  compile  such  data,
    29  together with the data submitted pursuant to subdivision four of section
    30  sixteen  hundred eight of this chapter, into a single statewide compila-
    31  tion, which shall be made available to the  governor,  the  legislature,

    32  and other interested parties upon request.
    33    § 3. The education law is amended by adding a new section 3653 to read
    34  as follows:
    35    §  3653.  Reserves  funded  by  resolution.  In  addition to any other
    36  requirements, no monies shall be paid or transferred  into  any  reserve
    37  fund,  established pursuant to this chapter or any other chapter of law,
    38  for the purpose of increasing the funding of such reserve  fund,  unless
    39  expressly  authorized by a resolution of the board of education or trus-
    40  tees of a school district.
    41    § 4. This act shall take effect on the first of July  next  succeeding
    42  the date on which it shall have become a law.