One year after Mayor Eric Adams' faced angry protesters over cuts to school budgets, the education department said no school will receive a lower initial budget allocation for 2023-24 compared to the previous year.
Mayor Eric Adams said in a statement that no school will receive a lower “starting funding allocation” for the 2023-24 school year. The majority of schools will see a boost based on a new funding formula that provides more money for students in shelter and other high-needs groups. The rest will remain flat.
Officials said the city was using $180 million in federal stimulus funds to avoid cuts. Adams justified last year’s cuts by saying federal money will soon dry up. “As our school communities welcome new students each week and continue to heal from the COVID-19 pandemic, we are supporting them by ensuring no school sees a reduction in initial funding compared to last year,” Banks said in the statement.
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