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Beekmantown district projects $1.37 million shortfall as state aid outlook improves; electric-bus study planned
Summary
District presenters said governor's proposed changes to the school funding formula raise potential foundation aid, trimming a previous deficit estimate to about $1,370,000. The district will pursue a free NYSERDA fleet study to assess costs of a potential electric-bus transition and is planning to buy four buses next year.
Beekmantown Central School District budget presenters told the board that changes in the governor's proposed 2025'26 state budget increased the district's potential foundation aid and reduced an earlier projected shortfall, but the district still projects a deficit of about $1,370,000.
The presenter, Justin Riddick, said two formula changes in the governor's proposal ' replacing older census-based poverty measures with Small Area Income and Poverty estimates (SAIPE) and substituting "economically disadvantaged" for free-and-reduced-price lunch data ' pushed the district's estimated foundation aid higher. "It actually was changed from a 2.7% increase to a 4.72% increase. So that equates to about $400,000 more than what we thought we were getting," Riddick said.
Why it matters: the $400,000…
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