Adjusts the regional labor force cost index for the Hudson Valley region for the 2025-2026 school year and beyond.
The bill modifies the regional labor force cost index for the Hudson Valley region, setting it at 1.351 for the 2025-2026 school year and adjusting it to 1.425 for the 2026-2027 school year and thereafter. This change reflects an analysis of labor market costs based on median salaries in professional occupations requiring similar credentials to those in the education field.
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