School boards: NY could lose $164M to fiscal cliff

By WKTV News

BUFFALO, N.Y. (AP) - School districts in New York state stand to lose $164 million in federal funding in the 2013-14 school year if Washington doesn't avoid the "fiscal cliff" by Jan. 2.

An analysis by the New York State School Boards Association released Tuesday shows districts would lose an average of $243,000 earmarked largely for educational programs serving students with disabilities and students living in poverty.

The association's executive director, Timothy Kremer, says the Big Five school districts have the most to lose. His group's analysis of federal grant allocations estimates New York City's potential loss at $95 million. Buffalo could lose $4 million, Rochester, $3.4 million and Syracuse and Yonkers, $1.6 million each.

The analysis is based on an estimated 8.2 percent across-the-board cut in federal progams.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Most Popular

What's On