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Old 02-21-2024, 09:23 AM
 
1,303 posts, read 1,662,970 times
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Quote:
Originally Posted by gx89 View Post
What will happen:
Nothing and taxes will still go up even with the need for less staff.
No question about it. My SD has already been prepping the community that they will propose to pierce the cap in May.
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Old 02-21-2024, 11:59 AM
Status: "UB Tubbie" (set 20 days ago)
 
20,027 posts, read 20,831,761 times
Reputation: 16713
“Or the children will suffer”
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Old 02-21-2024, 12:19 PM
 
1,404 posts, read 1,540,030 times
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Quote:
Originally Posted by ckhthankgod View Post
School enrollment, which has been dropping across the state, stands at the center of debate as lawmakers craft the new state budget. Gov. Kathy Hochul wants to eliminate the “hold harmless” policy over school aid. The policy, in existence for decades, has meant school districts could generally count on receiving as much state aid as they got in the previous year, even if they saw enrollment declines.

So even though many Island schools have seen their number of students dwindle, the districts have been essentially protected from drastic state cuts, Girardin said.
Why would this be a problem? I realize everyone always wants more money. Fewer students means lower costs - shouldn't they get proportionally less money?

There's also another point to consider. Enrollment could go to zero, but I don't see school tax going down. The same tax (actually more each year) with fewer students means more money collected per student.

We are being scammed.

Quote:
Hochul, who cited enrollment downturns in her plan, also has said school districts are sitting on hundreds of millions of dollars in reserve funds that could be tapped, instead of “hoarded,” to offset any state-aid reductions. Her plan has met resistance from school districts and both Democratic and Republican lawmakers, who say the cuts could mean teacher and staff layoffs.
Where are these "hundreds of millions of dollars in reserve funds?" Do schools really have all this extra unspent cash? Or is this just more political BS double-talk from our moron-in-chief?

All this state aid is just our tax dollars coming back to our schools. If aid is being cut, where does the chief thief want to move this money to? Another football stadium?
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Old 02-21-2024, 12:21 PM
 
1,303 posts, read 1,662,970 times
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Quote:
Originally Posted by Joe461 View Post
Where are these "hundreds of millions of dollars in reserve funds?" Do schools really have all this extra unspent cash? Or is this just more political BS double-talk from our moron-in-chief?
My SD has ~40m in reserves!
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Old 02-21-2024, 01:02 PM
 
913 posts, read 559,774 times
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The Baby Bust that began sharply during the Great Recessions is working its way through our educational institutions, abated only by inward-bound migration of people having more young children.
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Old 02-21-2024, 03:17 PM
 
31,897 posts, read 26,938,579 times
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Quote:
Originally Posted by P Larsen View Post
The Baby Bust that began sharply during the Great Recessions is working its way through our educational institutions, abated only by inward-bound migration of people having more young children.
Birth rates in USA have been steadily declining for decades.

"There were almost 600,000 fewer annual births in 2019 relative to 2007—a 13% reduction. "

https://www.brookings.edu/articles/u...t-and-rebound/

Growing up in 1970's/1980's in a heavily Irish and Catholic (with a smattering of Germans, *LOL*) every family I knew had three, four or more kids. Mothers would have birthday parties inviting kids from the block or their kid's entire class from school and house would be packed. Family reunions or events were fun because there were tons of cousins.

Fast forward to modern times and it's rare outside of certain demographics or groups to have more than two kids, that's if they have any at all.

It's not just New York, or even USA, all over world the "baby bust" is real. When countries such as Poland and Ireland are reporting declining birthrates you know things are bad.

https://www.nytimes.com/2024/01/31/o...baby-bust.html
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Old 02-21-2024, 03:25 PM
 
31,897 posts, read 26,938,579 times
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Quote:
Originally Posted by Joe461 View Post
Why would this be a problem? I realize everyone always wants more money. Fewer students means lower costs - shouldn't they get proportionally less money?

There's also another point to consider. Enrollment could go to zero, but I don't see school tax going down. The same tax (actually more each year) with fewer students means more money collected per student.

We are being scammed.



Where are these "hundreds of millions of dollars in reserve funds?" Do schools really have all this extra unspent cash? Or is this just more political BS double-talk from our moron-in-chief?

All this state aid is just our tax dollars coming back to our schools. If aid is being cut, where does the chief thief want to move this money to? Another football stadium?
Collectively LI school districts are sitting on $3 *BILLION* USD in reserves.

https://www.newsday.com/opinion/comm...ls%20is%204%25.

From above Newsday article:

"Also troubling: At a time when our region must address our decreasing school enrollment, attract a young and vibrant NextGen workforce, generate additional tax revenue, and increase affordability, many districts have objected to multifamily developments that would address these crucial challenges. The irony is that over time, their classrooms will continue to empty as young couples flee the region, shrinking the tax base and guaranteeing that school taxes increase as graduating classes decrease."

Back in 2018 LI's school districts had over $2 *billion* in cash reserves.

https://apnews.com/general-news-5f30...2cc581957f359e

"Plainview-Old Bethpage Schools Superintendent Lorna Lewis says it’s a hedge against the “instability” of state aid and federal mandates. She says reserves allow districts to respond quickly without increasing the burden on taxpayers."

But wait, there's more.... Some people are are stuffing themselves.

https://libn.com/2024/01/25/cantor-n...affordability/
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Old 02-21-2024, 03:33 PM
 
31,897 posts, read 26,938,579 times
Reputation: 24800
I could do this all day.

From 2014

"Wantagh School District has about $15.25 million in the bank, split up among various reserve funds. Some residents say that total is too high. District officials and auditors say the reserves keep Wantagh schools in good fiscal health."

https://www.liherald.com/stories/pub...eserves,58888?

That reserve is now up to about $17 billion.

https://s3.amazonaws.com/scschoolfil...f_06-30-23.pdf

https://www.wantaghschools.org/22804_3
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Old 02-21-2024, 05:38 PM
 
Location: Nassau County
5,292 posts, read 4,767,621 times
Reputation: 3997
Quote:
Originally Posted by P Larsen View Post
The Baby Bust that began sharply during the Great Recessions is working its way through our educational institutions, abated only by inward-bound migration of people having more young children.
Even they are having less children, the Hispanic birth rate has also plummeted
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Old 02-21-2024, 06:32 PM
 
31,897 posts, read 26,938,579 times
Reputation: 24800
Quote:
Originally Posted by peconic117 View Post
Even they are having less children, the Hispanic birth rate has also plummeted
It is a well known and researched fact; higher education levels achieved by females equates with lower birth rates.

Latino-Hispanic covers a wide range of persons. As various groups move up the economic ladder, their females tend to follow same path as others; having less children.

Have read accounts from Mexican and other young Latinas who managed to get themselves through college and land decent to good jobs. They all recalled their mothers and grandmothers saddled with large families along with constant worries about money, food, etc... They're not going to repeat that mistake.
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