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Utica schools say $19.15 million of foundation aid is earmarked under New Yorks Contract for Excellence
Summary
The district presented its Contract for Excellence set-aside of $19,152,589 — a portion of foundation aid subject to state spending rules — and explained allowable uses, school-by-school allocations and who to contact for financial or program questions.
The Utica City School District presented details of its Contract for Excellence (CFE) allocation, saying $19,152,589 of the districts foundation aid is subject to CFE spending stipulations.
An assistant superintendent told the board the CFE amount is not additional state money but a portion of foundation aid that must be used for targeted programs. "The main takeaway from the contract of for excellence is this is not additional money that is awarded to school districts by the state of New York," the assistant…
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