Riverhead state aid to jump 16%, SWR up 6.37%
Although Andrew Cuomo’s proposed $146.6 billion budget released in January included a 5.5 percent increase in state aid for local school districts, additional aid has tentatively been restored as the state Legislature continues to finalize the 2013-14 spending plan.
According to a new state aid report, the Riverhead School District will receive a total increase of $2,846,369 in aid next year. The Shoreham-Wading River School District’s total aid is projected to be a $647,339 increase.
The state Legislature is expected to approve its budget by the April 1 deadline.
Here’s a comparison of the governor’s proposed budget and the tentative agreement, both comparing state aid projected in 2014-13 to the current fiscal year.
These figures include aid received for building projects.
Riverhead
Governor’s proposed budget: $18,751,826, up 6.37 percent.
Tentative agreement: $20,451,658, up 16.17.
Shoreham-Wading River
Governor’s proposed budget: $8,735,106, up 5.51 percent.
Tentative agreement: $8,924,075, up 7.82 percent.