No NYC school funding cuts this year even with enrollment decline: Adams and Banks | amNewYork

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No NYC school funding cuts this year even with enrollment decline: Adams and Banks | amNewYork
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New York City Mayor Eric Adams and Department of Education Chancellor David C. Banks announced Monday that city public schools will not suffer any closures or funding cuts due to lower-than-projected enrollment rates.

The decision will ensure that schools will not lose money because of low mid-year enrollment. Schools will continue to be supported by stimulus funding, which will be utilized in order to assist ongoing recovery from the COVID-19 pandemic.

The decision is expected to increase the school budget by approximately $200 million, with an additional provision of almost $12 million to support students of migrant families, over $50 million in hardship support and $100 million in additional budgetary flexibility for this fiscal year. The DOE will be asking schools in the next fiscal year to return to the mid-year enrollment adjustment process that was practiced before the pandemic, but in the meantime, the mid-year adjustment process will begin later in November and extend throughout the winter.

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