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Newburgh officials: New York budget approved but district aid projections remain a "moving number"
Summary
At the May 13 Audit and Finance Committee meeting district staff said the New York State budget has been approved and includes funding for free and reduced lunch, but foundation-aid and federal special-aid projections remain subject to change and will be monitored through the summer.
The Newburgh City School District Audit and Finance Committee heard May 13 that the New York State budget has been approved, but district revenue projections remain subject to change.
District staff told the committee the state run used to prepare aid ``runs'' is now set for the year, but adjustments can come at any time and the district will monitor revenues and report back to the board. The committee was told Governor Kathy Hochul’s initiative to fund free and reduced lunch is a positive development for the district but guidance on household certification and implementation is still pending.
Why it matters: state and federal aid are major revenue sources for Newburgh schools; changes to those…
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