CITY BUDGET INFO

Proposed City Budget for School Year 2006-07

            The Mayor’s Executive Budget was released on May 4th. Because of the on-time state budget, it reflected more accurate estimates of state funding for the New York City school district. For the first time in two years there are significant funding increases for instruction, though some of the increases merely reflect the UFT collective bargaining agreement on new salary levels.           

City officials and government agencies tend to compare the Executive and the Adopted Budget to the most recently modified budget (the budget is amended throughout the year to reflect new estimates of costs and revenues). The Educational Priorities Panel makes year-to-year comparisons of the budget for education in order to better understand larger scale trends in resource allocations. Below is a comparison of the May 2006 Executive Budget for 2006-07 to the July 2005 Adopted Budget for 2005-06 as reported in the Department of Education Agency Expense Budget Summary of NYC Office of Management and Budget’s report Expense, Revenue, Contract, pages 54 to 56 . A more detailed breakdown will be available on EPP’s web site on May 15.

(in millions of $)

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