Annual school aid increased $ 5.5 billion or 24 percent from fiscal years 2012 to 2018, while the state share of Medicaid grew $ 3 billion or 14 percent.
Not exact matches
Over the past four years,
school aid has grown at an average
annual rate of 4.4 percent, while the Department of Health's Medicaid program has
increased 3.3 percent annually on average.5 To maintain overall growth of about 2 percent per year in total state spending, all other spending growth has been held to only 1.0 percent per year on average.
The State
Aid subcommittee's recommendations, which are expected to be approved by the full Board of Regents later Tuesday, would phase in, over three years, an
annual increase of 7 percent on
school funding, for a total of $ 2.1 billion more a year by the 2019 - 20
school year.
«While total state spending has been held to 2 percent
annual growth and most state agency budgets have remained flat,
school aid has
increased by 27 percent over the last five years, proving that it's already a funding priority,» Peters said.
Third, to ensure ongoing compliance with the implementation of the evaluation system,
school districts will continue to remain ineligible for
annual state education
aid increases if the district fails to implement their approved evaluation system.
While total state spending has been held to two percent
annual growth and most state agency budgets have been held essentially flat,
School Aid is
increasing by 6.5 percent for the 2016 - 17
School Year and will have
increased by nearly 27 percent since 2011 - 12.
«Although
school aid is statutorily capped at the
annual growth rate of personal income, the projected
increase for next fiscal year is a much larger 7.5 percent,» the budget watchdog wrote.
Cuomo has long pushed back against calls from public education advocates to
increase annual school foundation
aid in the budget by more than $ 1 billion.
The state Legislature set the January deadline for
school districts to comply with a 2010 state law requiring a new evaluation system for all teachers or forfeit their share of the state's 3 percent
increase in
annual school aid.