by Optimization with an Impact (OpIm)
The state spends approximately 21% of its budget on K-12 education, or $32.5 billion in FY 2011, with the highest per-pupil spending in the nation as of 2009. The state has become more reliant on federal and local funding for schools in recent years; however, this strategy will be difficult to continue as federal stimulus funds dry up in 2012. To make matters worse, local communities may struggle to fully fund their school districts due to a recently passed cap on property tax increases in the state. Meanwhile, in the classroom, New York students receive lackluster marks on national standardized tests. Disparities in achievement between the state’s urban and suburban areas are especially acute, and within urban areas (particularly New York City) there are achievement gaps between socio-economic communities. The state has a strong and growing charter school movement that aims to address these inequalities, but problems remain.
<div style=”margin-bottom:5px”> <strong> <a href=”http://www.slideshare.net/LuisTaverasMBAMS/ny-annual-report2012″ title=”Ny annual report_2012″ target=”_blank”>Ny annual report_2012</a> </strong> from <strong><a href=”http://www.slideshare.net/LuisTaverasMBAMS” target=”_blank”>Luis Taveras MBA, MS</a></strong> </div>
Fiscal Intelligence 