Grants a special apportionment to school districts with populations between 195,000 and 219,000 for additional expenses related to public pension.
New York A07480 amends the education law to provide a special apportionment for school districts with populations between 195,000 and 219,000. This apportionment covers additional expenses incurred in the 2023-2024 and 2024-2025 school years due to changes in public pension liabilities. Eligible school districts must apply to the commissioner of education by June 30, 2025, and the apportionment amount cannot exceed the additional accruals required for the specified school years.
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