"We are looking ahead to a very difficult budget time," said Board of Education Vice President Jeanne Sosnow. "We're trying to frame the environment before we can get down to individual areas."
Among other cuts, Baughman said that the governor is also proposing to allow schools, with the approval of the comptroller, to withdraw limited amounts of excess funds in an employee benefits accrued liability reserve fund, which is also called the unused sick and vacation time reserve fund.
In response to these proposed cuts, Baughman said, "This provides no benefit to us. In Niskayuna, these funds are properly reserved at the state authorized level. The district does not have any funds in this reserve amount beyond the allowable limit that could be freely applied to offset the reduction in state aid."
The required reduction without more revenues is $3,301,176.
"The governor's extremely dire state aid proposal is not surprising in light of the fiscal condition of both New York and the United States," said Baughman.