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State Aid and Financial Planning Service
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2014-15 and 2015-16 Current Law Aid Runs - January 27, 2015

Estimated 2014-15 and 2015-16 state aid amounts based on the November database. READ MORE >>

 

2015-16 Executive Budget Proposal - January 22, 2015

Governor Cuomo released his 2015-16 Executive Budget proposal yesterday afternoon. The proposal included an increase in school aid of $1.06 billion (4.8%) over the 2014-15 levels. READ MORE >>

 

Governor Andrew Cuomo's 2015 Opportunity Agenda - January 21, 2015

Governor Andrew Cuomo will be presenting his “2015 Opportunity Agenda” today (1/21/2014) at 1:30 pm. We believe this will include the topic of education as well as a 2015-16 budget proposal. You can watch the presentation live at: https://www.ny.gov/programs/2015-opportunity-agenda-0. We will be monitoring the information that is presented today and will send updates as soon as possible.

 

CPI - Allowable Levy Growth Factor for the 2015-16 Tax Levy Limit - January 16, 2015

The Average Annual Change in the CPI-U for 2014 was 1.62%, making the Allowable Levy Growth Factor for the 2015-16 Tax Levy Limit 1.62%. A key factor in calculating the tax levy limit is the allowable levy growth factor, which is the lesser of 1.02 OR (1+ the inflation factor), with a minimum of 1.0. According to the Bureau of Labor Statistics, the inflation factor, or the change in the CPI, for 2014 has increased by 1.62% (represented as .0162). This increase assigns 1.62% for the allowable growth factor. 

 

2015-16 Budget Development Guide for School Districts is Now Available - January 16, 2015

The 2015-16 Budget Development Guide for School Districts is now available. Our office updates this guidebook each year and will make further revisions to it in the coming weeks and months as updated information becomes available. READ MORE >>

 

"Coffee Talk" Recorded Session - January 14, 2015

If you missed the live webinar, the recorded session of "Coffee Talk" is now available online. Also, the presentation is available for download. VIEW RECORDED SESSION >>

 

Minimum Wage Increase Posting Information - January 7, 2015

The minimum wage in New York State increased to $8.75 on 12/31/14. Please also note that the rate will increase to $9.00 on 12/31/15. The New York State Department of Labor has information on the new minimum wage. Available on the website is information on required postings. The website is http://labor.ny.gov/workerprotection/laborstandards/workprot/minwage.shtm. The following link brings you to the poster that you may use to update the labor information posted in the school buildings: http://www.labor.ny.gov/formsdocs/wp/LS207.pdf

 

State of the State Address Postponed to Wednesday, January 21st 2015 - January 5, 2015

Governor Andrew Cuomo’s State of the State Address originally scheduled for Wednesday January 7th, has been rescheduled for Wednesday January 21st, 2015 in the afternoon. Information and instruction on how to view the speech via the internet traditionally are found on the Governor’s website at http://www.governor.ny.gov/ the day of the speech. The address may be carried by your local public broadcasting station. The Governor is scheduled to present the 2015-16 budget proposal on January 27th.

 

"STAC Talk" Recorded Session - January 5, 2015

If you missed the live webinar, the recorded session of "STAC Talk" is now available online. Also, the presentation is available for download. VIEW RECORDED SESSION >>

 

Changes in 2014-15 SAMS Projection Data Due to SED by January 15th - January 5, 2015

To guarantee inclusion in the February 15th State Aid database file, all revisions to data reported on Forms A, FT, FB and the ST-3 in claim year 2014-15 should be submitted by January 15, 2015 using the State Aid Management System (SAMS). State aid projections associated with the final 2015-16 State Budget Agreement (due to be enacted by 4/1/15) will be based upon the February 15th database file. READ MORE >>

 

State of the State Address Wednesday, January 7th 2015 - December 31, 2014

Governor Andrew Cuomo’s State of the State Address will be held on Wednesday January 7th 2015 in the afternoon. The Governor’s press office reports the speech will commence at 1:30 pm. Information and instruction on how to view the speech via the internet traditionally are found on the Governor’s website at http://www.governor.ny.gov/ the day of the speech. The address may be carried by your local public broadcasting station.

 

2014-15 Combined Fixed & Individualized General Aid Payment Schedule - December 30, 2014

The Combined Fixed and Individualized Payment Schedule shows scheduled General Aid due to your district for the 2014-15 school year. The schedule includes estimated monthly payment information as well as estimated sustaining spring advance payment amounts and fall payments/advances made to districts. The schedule can be accessed through your district’s State Aid page (https://stateaid.nysed.gov/). Please utilize our 2014-15 State Aid Reconciliation spreadsheet to track state aid payments throughout the year and see a full description of the payment schedule here.

 

2015 Winter Workshop Registration - December 22, 2014

Please join us for our annual Winter 2015 Workshops!

The topics will include:

• Executive Budget Proposal

• BOCES Aid

• SMART Schools Update

• Tax Freeze / Government Efficiency Plans Update

• Additional timely information

REGISTER HERE >>

 

New IRS Mileage Rate is 57.5 Cents - December 18, 2014

The IRS increased the mileage reimbursement rate to 57.5 cents. The new rate is effective January 1, 2015. The Internal Revenue Service press release can be found at: http://www.irs.gov/uac/Newsroom/New-Standard-Mileage-Rates-Now-Available;-Business-Rate-to-Rise-in-2015.

 

Three Year Enrollment Summary Report Now Available for Review - December 16, 2014

The Three Year Enrollment Summary report is available for district data coordinators and State Aid Designees to access via the Information and Reporting Services Portal (IRSP – http://portal.nysed.gov). Information on accessing and using the IRSP can be found at http://www.p12.nysed.gov/irs/irs-portal/. The report displays three years of BEDS Day enrollment and free/reduced price lunch eligible counts (Fall 2012, Fall 2013 and Fall 2014) based on data reported to the Education Department via the SIRS and BEDS on-line data systems. It is critical that you review the counts on the Three Year Enrollment Summary report to ensure that they are accurate. READ MORE >>

 

Weather Related Closures - December 15, 2014

In order to retain Foundation Aid, school districts must be in session for all students, including students with disabilities, for not less than 180 days. Included in the 180 days are days on which attendance is taken, days on which Regents examinations, State Assessments or local examinations are given (including the June Regents Rating Day) and days on which superintendent's conference days are held. READ MORE >>

 

Tax Base Growth Factors Now Available for 2015-16 School Year - December 12, 2014

In case you missed it, Tax Base Growth Factors for School Districts are now available at the Department of Taxation and Finance’s website, http://www.tax.ny.gov/pdf/publications/orpts/tbgf_schd_2015.pdf. READ MORE >>

 

2013-14 Actual and 2014-15 Estimated NRT Rates Now Available - December 11, 2014

The 2013-14 Actual Nonresident Tuition Report (NRT) and the 2014-15 Estimated Nonresident Tuition Report (NRT EST) Output Reports have been published by SED. The reports can be accessed through your district’s State Aid webpage, located with your district’s other Output Reports. READ MORE >>

 

"Coffee Talk" Recorded Session - December 10, 2014

If you missed the live webinar, the recorded session of "Coffee Talk" is now available online. Also, the presentation is available for download. VIEW RECORDED SESSION >>

 

2013-14 Final Aid Adjustments & Reconciliation Worksheet - December 9, 2014

The State Aid Unit recently sent Final Aid Adjustment notices to all districts with final General Aid adjustments (SA32) and Excess Cost Aid adjustments (SA32EC). Please note that overpayments in both of these areas, if applicable, will be combined and deducted from the December 2014 General Aid or Excess Cost Aid Payment. It is very important you retain copies of these notices for your records. READ MORE >>

 

Recalibration of Interest Rates Affecting Building Aid - December 2, 2014

SED has posted an update on the ‘Recalibration of Interest Rates Affecting Building Aid.’ The memo can be found here: https://stateaid.nysed.gov/build/pdf_docs/combined_overview_and_waiver_document.pdf. Please note the information on a waiver process where districts can apply to the Commissioner of Education for a waiver relating to the interest rate recalculation if they can demonstrate that they are precluded by state or federal law, rule or regulation from refinancing. READ MORE >>

 

"STAC Talk" Recorded Session - December 1, 2014

If you missed the live webinar, the recorded session of "STAC Talk" is now available online. Also, the presentation is available for download. VIEW RECORDED SESSION >>

 

 

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