The biggest New York budget fights likely to emerge in 2024–City & State NY

By Rebecca C. Lewis

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Hochul Budget ends “Hold Harmless” school aid

Hochul raised eyebrows with a proposal to end the so-called “hold harmless” practice of school aid, which ensures districts never receive less funding than the year before. The governor effectively kept school funding and Foundation Aid flat compared to last year, proposing a 2.4% increase compared to the roughly 7.7% increases seen the past two years. “As much as we may want to, we’re not going to be able to replicate the massive increases of the last two years,” Hochul said in her budget address. In total, she proposed a $825 million increase to school aid, including a $507 million bump to Foundation Aid.

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