The real-estate led development of New York City has brought new people into the city, while displacing others, and boosted demand for services, while those providing them struggle to get by on minimum wages, tips, and docked hours. The one-sided focus has failed to take care of problems of overcrowding, and an antiquated subway system is crumbling under the weight of neglect, punishing commuters.
New York State owes $4.3 billion in Foundation Aid to schools statewide as a result of the decision of the New York State Court of Appeals in the Campaign for Fiscal Equity lawsuit. This funding is necessary to improve the quality of education in economically disadvantaged school districts. Fifty-eight percent of the funds are owed to Black and Brown students. The New York State Board of Regents recommended a $1.47 billion increase in Foundation Aid this year and a three year phase in of the full amount. This Budget agreement contains less than half of the recommended Foundation Aid increase, although it does include $272 million more than the meager $428 million proposed by Governor Cuomo. In a major victory, Governor Cuomo’s proposal to repeal the Foundation Aid formula entirely was defeated.