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MITT ROMNEY KNOCKS BIDEN FOR 'ENORMOUS ERROR' IN NOT PARDONING... NY SENATOR WITH HISTORY OF VIOLENCE HAS TO BE RESTRAINED AFTER HE... Metro NYC PUBLIC SCHOOL SYSTEM GOT BILLIONS MORE IN FUNDING SINCE 2020 DESPITE SHRINKING ENROLLMENT: ANALYSIS By Aneeta Bhole and Carl Campanile Published May 15, 2024, 9:01 p.m. ET New York City’s public school system has received billions of dollars in additional funding since 2020 — despite enrollment cratering by nearly 100,000 students during that time, an analysis released Wednesday reveals. Per-student spending at K-12 Department of Education schools is expected to hit $39,304 in the upcoming fiscal year 2025 budget — a massive 26.3% increase, equating to $8,185 more per student since 2020, the “Did You Know” study by the Citizens Budget Commission found. Advertisement New York City is pouring billions of dollars more into its public school system despite enrollment cratering by nearly 100,000 students since 2020, an analysis released Wednesday reveals. Louis-Photo – stock.adobe.com Mayor Eric Adams proposed a 10.2% increase or $2.1 billion more in city taxpayer funding for the Big Apple public school system — which would mostly offset the $2.4 billion phase-out of federal pandemic aid given to DOE. Total DOE spending will be $269 million, or 0.7%, less than current funding levels. Advertisement EXPLORE MORE INDIANA BOY, 10, KILLS HIMSELF AFTER SUFFERING HORRIFIC BULLYING -- PARENTS SAY THEY COMPLAINED TO SCHOOL 20 TIMES MITT ROMNEY KNOCKS BIDEN FOR 'ENORMOUS ERROR' IN NOT PARDONING TRUMP NY SENATOR WITH HISTORY OF VIOLENCE HAS TO BE RESTRAINED AFTER HE SHOVES LOBBYIST OUT OF COMMITTEE ROOM: SOURCES But the CBC analysis said, “Between fiscal years 2020 and 2025, spending climbed steadily as enrollment fell.” Total DOE expenditures are projected to reach $39.8 billion in fiscal year 2024, an increase of $5.2 billion, or 15.2 percent, since fiscal year 2020. Advertisement City spending rose from $19.7 billion to $20.6 billion from 2020 to 2024, while state aid increased from $12.3 billion to $14.2 billion, according to the report. Federal funds funneled to the DOE jumped from $2.1 billion in 2020 to $4.6 billion in 2024. Enrollment plummeted precipitously during the COVID pandemic with the DOE losing 104,374 students between fiscal years 2020 and 2023. Advertisement The city now projects an increase of 10,355 K-12 students this year and next, thanks in large part to the migrant influx. Mayor Eric Adams proposed a 10.2% increase or $2.1 billion more in city taxpayer funding for the Big Apple public school system — which would mostly offset the $2.4 billion phase-out of federal pandemic aid given to DOE. Andrew Schwartz / SplashNews.com But DOE still has 94,019 fewer students than in the pre-COVID-19 era, the CBC report noted. Advertisement During a City Council budget hearing on Wednesday, Council members made it clear they want to jack up education spending in the final negotiated budget with City Hall. The Council is pushing to boost spending on early education pre-K and 3-K programs by $170 million more than the mayor recommended. What do you think? Post a comment. Advertisement Education officials and the Council are awaiting a report that spells out where the demand is needed for early childhood education seats and where they are not. Councilwoman Rita Joseph (D-Brooklyn), who chairs the education committee, expressed concern about the more than $200 million gap — the loss of federal aid that was not replaced by city and state funding — in the DOE budget. “That’s significant,” she told Schools Chancellor David Banks, who testified at the hearing. Ad SHARE THIS: Filed under city council , david banks , department of education , eric adams , new york city , public schools , 5/15/24 Load more... {{#isDisplay}} {{/isDisplay}}{{#isAniviewVideo}} {{/isAniviewVideo}}{{#isSRVideo}} {{/isSRVideo}} TRENDING NOW 1. Doctor cancer-free one year after using own revolutionary treatment on terminal brain tumor: ‘I couldn’t be happier!’ 2. Indiana boy, 10, kills himself after suffering horrific bullying -- parents say they complained to school 20 times 3. ABC execs alarmed over 'GMA3' host's skin-tight biker shorts pics: 'Little to the imagination' 4. These are the 10 most common 4-digit PIN numbers — are you at risk of a cyberattack? 5. Wall Street banker and former soldier dead at 35 wanted new job over grueling 100-hour work weeks 6. Jets' full schedule includes lots of national exposure https://nypost.com/2024/05/15/us-news/nyc-spends-billions-more-on-shrinking-school-system-analysis/?utm_source=url_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons Copy the URL to share * Post Sports+ * Email Newsletters * Mobile Apps * Contact Us * Tips * Facebook * Twitter * Instagram * LinkedIn * Email * YouTube © 2024 NYP Holdings, Inc. All Rights Reserved Terms of Use | Privacy Do Not Sell or Share My Personal Information/Opt-Out Exit mobile version