NYSASB Study Outlines Declining Stability for High Needs Schools

A new study from the New York State Association of School Business Officials says “New York State school districts have lost ten percent of their professional staff since the start of the Great Recession, and more than a third of school districts have experienced declining fund balances,” That’s the word from the Association’s Executive Director Michael Borges, and he continued by saying “School districts cannot experience this level of losses without it adversely impacting their ability to prepare students to be college and career ready,”

The study examined recent data on 671 New YorkState school districts excluding the Big 5 city school districts..  from 2011 to 2013….

261 school districts showed signs of fiscal insolvency through a reduction in Unassigned Fund Balance savings

Statewide, school districts have lost 21,112 professional staff over

High need urban/suburban school districts and average need school districts have lost the most fund balance savings and High need urban/suburban school districts had one-third the fund balance per pupil as low need school districts.

The report also found that School districts are balancing their budgets at the cost of educational programs, as evidenced by cuts in professional staff. School districts have reduced staff ten percent over the past five years, while enrollment has declined three percent.

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