S 8064: Authorizes certain school districts and their municipalities to sign a memorandum of understanding authorizing a one-time annual increase to the amount of school district expenditures funded by city funds to be excluded from the maintenance of effort calculation.

  
  STATE OF NEW YORK ________________________________________________________________________ 8064 2025-2026 Regular Sessions  IN SENATE May 15, 2025 ___________ Introduced by Sen. MAY -- read twice and ordered printed, and when printed to be committed to the Committee on Education AN ACT to amend the education law, in relation to authorizing certain school districts and their municipalities to authorize a one-time annual increase to the amount of school district expenditures funded by city funds to be excluded from certain calculations The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph b of subdivision 5-b of section 2576 of the 2 education law, as added by section 9 of part B of chapter 57 of the laws 3 of 2007, is amended to read as follows: 4 b. The city amount shall not be less than the city amount appropriated 5 in the base year determined at the time of adoption of the budget for 6 the ensuing fiscal year, and shall not be less than the city amount 7 expended in the base year determined as of the end of the school year. 8 Provided, however, in the event the total amount of city funds relied 9 upon to balance such budget is lower than the total amount of city funds 10 appropriated in the base year, as determined at the time of adoption of 11 such budget, the city amount may be reduced by up to the same percentage 12 as the overall percentage decrease in city funds between the base year 13 and the ensuing fiscal year. Notwithstanding any other provision of law 14 to the contrary, a school district and such school district's respective 15 municipality may sign a memorandum of understanding to authorize a one- 16 time annual increase in the city amount to be excluded from the mainte- 17 nance of effort calculation. Such memorandum of understanding shall be 18 adopted prior to the appropriation or transfer of such funds to the 19 school district. 20 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13134-01-5