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NY S09132
Bill
Status
5/10/2022
Primary Sponsor
John Mannion
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AI Summary
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Allows approved private residential and non-residential schools for students with disabilities, special act school districts, July and August programs, and section 4410 programs to retain surplus funds prior to reconciliation and cost screen application for the 2021-2022 school year and thereafter.
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Limits annual retention to one percent of the prospective per diem rate for school-age students in 2021-2022, with total accumulated balance capped at four percent of such costs.
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For 2022-2023 and subsequent school years, limits annual retention to the allowable surplus percentage defined in regulations for both school-age and preschool students.
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Clarifies that retained funds are separate from and in addition to other surplus fund authorizations under reconciliation procedures.
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Takes effect immediately upon enactment.
Legislative Description
Clarifies that the tuition methodology for 853 schools, special act public school districts and 4410 programs will authorize them to retain funds prior to the implementation of the reconciliation process of the methodology, including cost screens.
Last Action
SUBSTITUTED BY A10191
6/1/2022