Thursday, May 20, 2010 -
2:00pm to 4:00pm EDT
New York Community Trust, 909 Third Ave, 22nd Fl., NYC
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Registration for this program is closed. For questions, please contact Susan Cahn at email@example.com. No fee.
Presented by Philanthropy New York's Special Committee PHILANTHROPY CONNECTS with The Donors' Education Collaborative and Public Education Grantmakers Network.
WHO SHOULD ATTEND: All interested funders.
In 2007, after fourteen years of litigation, campaigning, and widespread debate, New York State passed the Education and Budget Reform Act. The Act provided more than $5.4 billion in new operating aid to New York City, to be phased in over four years. It also laid out a new, simpler, and more equitable formula for funding schools across the State, with extra resources to schools serving a high proportion of students living in poverty and/or not fluent in English.
Two years later, the “Great Recession” led the State to roll back the timeline for the new funding, stretching the payment period to seven years. This year, the Governor has once again proposed cuts to education aid across the State.
Join us for a discussion of where the State and City education budgets are now -- and what it means.
- How will the Governor’s proposed cuts impact the State’s progress towards school funding equity?
- How have the cuts so far played out for the City schools? Has the City’s system of Fair Student Funding increased equity throughout the system?
- In a time of scarce resources, how can the State and City make cuts fairly? What should funders be watching to see?
- Frank Mauro, Executive Director, Fiscal Policy Institute.
- Geri Palast, Executive Director, Campaign for Fiscal Equity.
- Michael Rebell, Executive Director, Campaign for Educational Equity, Teachers College, Columbia University.
- Kavitha Mediratta (moderator), Program Officer, The New York Community Trust; Chair, PEGNET.