Grants a special apportionment to school districts having a population of between 195,000 and 219,000, for additional expenses incurred in the 2021-2022 and 2022-2023 school years associated with changes in public pension liabilities.
Establishes a fiscal control board for the East Ramapo central school district; continues the powers and duties of the monitors appointed to the East Ramapo central school district; provides for accelerated payments to the East Ramapo central school district; relates to building aid ratios for certain school districts; repeals provisions relating to supplementary funding for dedicated programs for public school students in the East Ramapo central school district.
Provides that the East Ramapo central school district shall be eligible to receive an apportionment of funds to be used for services and expenses; directs certain reports to be submitted; requires the East Ramapo central school district to adopt a property tax levy for the 2024-2025 school year in an amount not less than one percent greater than the property tax levy for the 2023-2024 school year; requires the commissioner of education to appoint a community liaison.
Provides for inclusion of the school district's regional cost index in calculating the supplemental education improvement plan grant amount for Yonkers city school district.