STATE OF NEW YORK
________________________________________________________________________
5534
2023-2024 Regular Sessions
IN SENATE
March 7, 2023
___________
Introduced by Sen. WEBER -- read twice and ordered printed, and when
printed to be committed to the Committee on Education
AN ACT to amend the education law, in relation to adjusting the regional
cost index for state school aid with respect to the Hudson Valley
region
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subparagraph 2 of paragraph a of subdivision 4 of section
2 3602 of the education law, as amended by section 9-b of part CCC of
3 chapter 59 of the laws of 2018, is amended to read as follows:
4 (2) (A) The regional cost index shall reflect an analysis of labor
5 market costs based on median salaries in professional occupations that
6 require similar credentials to those of positions in the education
7 field, but not including those occupations in the education field,
8 provided that the regional cost indices for the two thousand seven--two
9 thousand eight school year [and thereafter] through the two thousand
10 twenty-two--two thousand twenty-three school year shall be as follows:
11 Labor Force Region Index
12 Capital District 1.124
13 Southern Tier 1.045
14 Western New York 1.091
15 Hudson Valley 1.314
16 Long Island/NYC 1.425
17 Finger Lakes 1.141
18 Central New York 1.103
19 Mohawk Valley 1.000
20 North Country 1.000
21 (B) For the two thousand twenty-three--two thousand twenty-four school
22 year and thereafter the regional cost indices shall be as follows:
23 Labor Force RegionIndex
24 Capital District1.124
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD06245-01-3
S. 5534 2
1 Southern Tier1.045
2 Western New York1.091
3 Hudson Valley1.425
4 Long Island/NYC1.425
5 Finger Lakes1.141
6 Central New York1.103
7 Mohawk Valley1.000
8 North Country1.000
9 § 2. This act shall take effect immediately.
