U.S. Senator Charles E. Schumer announced that $1.7 billion in education funding from the American Recovery and Reinvestment Act will go directly to New York schools.
The Obama economic recovery package will send $4.7 billion in additional education and other aid to New York State schools. The remainder of the aid will go into an education stabilization fund for the state to restore state cuts to education. Schumer said this funding will restore nearly all of New York's education cuts this year, while boosting local school districts with funds they need as they face historic budget gaps.
What this means to Canastota is nearly $480,000; $340,000 for IDEA (Individuals with Disabilities Education Act) and nearly $139,000 for Title I (low income). The Canastota district was expecting a state aid reduction of $660,000.
Central New York schools will receive an additional $37 million in IDEA (special education) funding and $25 million in Title I (low income) grants for a total of $62 million in direct aid.
"The stimulus package will be a big boost to Upstate New York schools, students and taxpayers," Schumer said. "We could not afford to risk the quality of education New York students receive by laying off teachers and slashing academic programs. This funding will make sure New York schools have the resources they need to continue to make the grade," Schumer said.
Schumer said that in addition to direct-to-school-aid, New York State will receive an additional $3 billion in State Fiscal Stabilization Funds for additional assistance for local school districts and other high-priority needs. This additional funding is designed to reverse cuts in state education aid and prevent cuts in other vital services and needs such as public safety.
Schumer pushed for a robust amount of funding to go directly to Upstate New York school districts to give them an additional boost. He also pushed to ensure that the state received billions in additional funding to close the state's education budget gaps.