Survey: NY school districts still in rough financial shape
Posted in the Weird Forum
#1 Jan 16, 2014
A third of New York superintendents expect their school districts could become financially insolvent within four years, according to the results of a 2013 survey released Wednesday by the New York State Council of School Superintendents.
The survey found that while school districts may be better off than they were a few years ago, most still face tough budget challenges despite the states improving finances.
In the survey, 33 percent of the 339 respondents said that after four years their district may become unable to meet some financial obligations, a number that has dropped slightly compared to the 2012 survey. But a higher percentage of districts also said they could become financially insolvent after four years, compared to 2012. And 43 percent of districts said they may become unable to fund all state and federal mandates for instruction and student services within four years.
Nearly a third said their districts financial condition has worsened over the past year.
The NYSCSS polled its members on the financial condition of their districts. About half of the states roughly 700 school districts responded. The survey did not include the so-called Big Five, New York City, Buffalo, Rochester, Syracuse and Yonkers, becausee their school budgets are not subject to voter approval,
The financial outlook for New York State government has improved under Governor Cuomos leadership. But that has yet to translate into wide gains for our schools, Robert Reidy, the Councils Executive Director, said in a statement.Too many districts still have real fears of insolvency. Too few have been able to restore programs and opportunities for their students.
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