Requires that any monies expended for pensions or other retirement benefits not be regarded when determining total spending for a school's contingency budget.
STATE OF NEW YORK
________________________________________________________________________
9506
IN ASSEMBLY
January 7, 2010
___________
Introduced by M. of A. PAULIN, GALEF, LUPARDO -- Multi-Sponsored by --
M. of A. COOK, DelMONTE, JOHN, SKARTADOS, THIELE, WEISENBERG -- read
once and referred to the Committee on Education
AN ACT to amend the education law, in relation to school district
contingency budgets
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subparagraphs (vi), (vii), and (vii) of paragraph b of
2 subdivision 4 of section 2023 of the education law, subparagraph (vi) as
3 separately amended by section 1 of part D2 of chapter 57 and chapter 422
4 of the laws of 2007, subparagraph (vii) as added by section 1 of part D2
5 of chapter 57 of the laws of 2007, and subparagraph (vii) as added by
6 chapter 422 of the laws of 2007, are amended and a new subparagraph (ix)
7 is added to read as follows:
8 (vi) non-recurring expenditures in the prior year's school district
9 budget; [and]
10 (vii) expenditures for payments to charter schools pursuant to section
11 twenty-eight hundred fifty-six of this chapter[.];
12 [(vii)] (viii) expenditures for self-supporting programs. For purposes
13 of this subparagraph, "self-supporting programs" shall mean any programs
14 that are entirely funded by private funds that cover all the costs of
15 the program[.]; and
16 (ix) expenditures for any pensions or retirement benefits.
17 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD08962-02-9
