Five-Year School Aid Proposals

The Governor & Legislature have no say in determining levels of federal education funding nor can they accurately predict the increase over a five-year period. Both the Governor and the Senate Majority Leader included federal funding in their proposals. Their estimates are not reflected in the chart below.

Components of Proposals	Governor George Pataki			Senate Majority Leader Bruno  (S.7485A)			Assembly Majority Speaker Silver (A.11692)
	NYC	ROS	Total	NYC	ROS	Total	NYC	ROS	Total
New funds & state aid increase (not always clear distinction)	$2.2 B	$2.3 B	$4.5B	$1.76B	$2.975B	$4.74B	$3.9B	$2.2B	$6.1B
Distribution of new/increased state funds for schools	48.8%	51.1%	100%	37.2%	62.8%	100%	63.9%	36.1%	100%
NYC's contribution (also called MOE)	$1.5B	0	$1.5B	$554M	0	$554M	$1.2B	0	$1.2B
Total of increased state & NYC funds (no federal funds, see below)	$3.7B	$2.3B	$6.0B	$2.314B	$2.975B	$5.294B	$5.1B	$2.2B	$7.3B
Capital funds: The Chancellor's five-year, $13.1 B capital plan depends on 50% matching funds from the state.	$1 to $2 billion increase over five years.			NYC Emergency Capital Plan will allow NYC to issue up to $2.8 B in additional debt beyond the city's current debt limit through the Transitional Finance Authority. (No 50% state match for NYCÕs capital plan is mentioned.)			Creates an additional building aid program, "building aid for a sound education" (BASE) $2.2 B annual capital program, of which $1.3 B would go to NYC for the first year of a 5-year capital plan(50% state match for NYCÕs capital plan.)

ROS      Rest of State
MOE     Maintenance of Effort
7/11/04 EPP update of June 2004 chart based on press releases and legislative summaries.