Late NY State Budget Raises Concerns for School Districts
New York state lawmakers are facing challenges in finalizing the state budget, which is now more than three weeks overdue. The delay has led to a series of budget extensions, totaling $12.7 billion in spending. Key issues causing the delay include adjustments to the state's climate law, auto insurance reforms, and changes to the environmental review process. The late budget is causing concern among school districts, which are required to submit property tax report card data to the state Department of Education. Despite the delay, lawmakers assure that school districts will receive at least the minimum funding outlined in Governor Hochul's proposed budget.