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For Immediate Release: May 25th, 2004 Contact: Contact: Jordan Isenstadt (c) 516.991.3842 (w) 212.490.9535 (f) 212.490.2151 ***PRESS RELEASE*** State Senator Liz Krueger
Responds to New Senate Majority CFE Plan: “It’s
Not Enough!” Albany,
NY – Saying “this is simply not enough money,” State Senator Liz
Krueger (D-Manhattan) harshly criticized Senate Majority Leader Joseph
Bruno and the Senate Majority Conference for proposing an “inadequate” plan
to address the Campaign for Fiscal Equity (CFE) decision. “The fact is that the numbers proposed by
the Majority do not accurately reflect what is truly needed to reform New
York State’s school finance system,” said Senator Krueger. “To provide students throughout New York
City and State with the opportunity for a sound, basic education, the State
must implement an adequate funding system that emphasizes fair
distribution. This plan is inadequate
and is most certainly not fair.” The
proposed Majority plan would increase aid to education by $6.29 billion over
five years, specifically giving New York City schools $2.83 billion. Of the total figure, $4.74 billion would
come from New York State. The plan
would also require New York City to provide over $550 million in additional
funds through a Maintenance of Effort provision. Overall, the Majority proposal would average $1.26 billion per
year. The Campaign for Fiscal Equity, Inc., a
not-for-profit corporation, has called for $9.5 billion per year, phased in
over four years, including $1 billion for capital improvements. “We have 66 days left to come up with a plan or else we
will hit the court-imposed deadline,” said Senator Krueger. “If Bruno and the Republicans continue to
play these games, then we will end up without a CFE resolution. The time has come to stop this foolishness
and to come together across party lines to ensure that the next generation
receives a quality education.” |
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