Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board hears Rockefeller Institute Foundation Aid study and potential budget implications for district
Summary
A Rockefeller Institute analysis outlining possible changes to New York State—s Foundation Aid formula was presented to the board, with a district board member warning that several recommended changes could reduce Byram Hills— state aid under some scenarios.
Board member Kelly presented findings from a recent Rockefeller Institute study on potential changes to New York State—s Foundation Aid formula during the Dec. 10 meeting, highlighting a set of recommendations that, if adopted broadly, could affect district aid and budgeting.
Kelly summarized five notable recommendations in the study: switching the inflation factor from the national Consumer Price Index to a Northeast-focused CPI and using a five-year average rather than year-to-year changes; replacing the current regional cost index (which the presenter described as based on building trades…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
