NYC public education funding boosted to $12.8B at charters' expense
- New York City Mayor Bill de Blasio's administration revised the city's capital budget for education, increasing it to $12.8 billion.
- Friday saw the addition of $800 million to the city's five-year capital plan for education, with another $210 million being pulled from Bloomberg administration programs benefiting charter schools.
- The $800 million comes from a bond sale proposed in Gov. Cuomo's 2014 budget, and the budget increases are meant to expand prekindergarten offerings while addressing overcrowded classrooms, funding space for 7,000 new pre-K students and 33,000 new spots in other grades.
It may be too early to count this as a done deal: Cuomo's budget proposal is still subject to change and must pass March approval by the Panel for Educational Policy. That said, it should come as no surprise that de Blasio would pull $210 million from charter school funding — he's a staunch supporter of public schools and an outspoken critic of charters. Regardless, 60,000 of the city's students currently attend charter schools and advocates of that system are, as you might suspect, incensed by the move.
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