Awards aid to the General Brown central school district.
Ayes (57): Addabbo, Avella, Ball, Bonacic, Boyle, Breslin, Carlucci, DeFrancisco, Diaz, Dilan, Farley, Felder, Flanagan, Gallivan, Gianaris, Gipson, Golden, Griffo, Grisanti, Hannon, Hoylman, Klein, Krueger, Lanza, Larkin, Latimer, LaValle, Libous, Little, Marcellino, Marchione, Martins, Maziarz, Montgomery, Nozzolio, O'Brien, O'Mara, Parker, Peralta, Perkins, Ranzenhofer, Ritchie, Rivera, Robach, Sampson, Sanders, Savino, Serrano, Seward, Skelos, Squadron, Stavisky, Stewart-Cousins, Tkaczyk, Valesky, Young, Zeldin
Excused (4): Espaillat, Hassell-Thomps, Kennedy, Smith
TITLE OF BILL: An act in relation to certain aid for the General Brown central school district
This bill will exempt, from the school aid calculation, the insurance settlement received by the General Brown School District, as compensation for losses sustained in an April 2012 fire.
SUMMARY OF PROVISIONS:
Section 1 provides that the insurance settlement received by the General Brown Central School District, from the Utica National Insurance Group, for the rebuilding of the bus garage and the lease of buses, shall not be included as part of the School District's school aid calculation.
Section 2 provides that this act shall take effect immediately.
This bill is necessary because in April 2012 there was a fire in the General Brown School District which caused substantial damage to their bus garage and destroyed their fleet of buses. As a result of this fire, the bus garage required significant repairs and the fleet of buses had to be replaced. As compensation for this loss, the General Brown School District received an insurance settlement from their insurer, Utica National Insurance. This insurance settlement helped the School District cover the losses associated with the fire, such as repairing the bus garage that was damaged and replacing the buses that were lost as a result of the April 2012 fire.
However, this insurance settlement adversely affected the School District's 2014-2015 school aid. For example, in Transportation Aid and Building Aid combined, the General Brown School District lost over $1 million in state aid. Therefore, this bill is necessary to exempt, from school aid calculations, the insurance settlement that the General Brown School District received to repair the bus garage that was damaged and replace the buses that were lost in the April 2012 fire.
To be determined.
This act shall take effect immediately.
STATE OF NEW YORK ________________________________________________________________________ 7036 IN SENATE April 21, 2014 ___________Introduced by Sen. RITCHIE -- read twice and ordered printed, and when printed to be committed to the Committee on Education AN ACT in relation to certain aid for the General Brown central school district THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding any other provision of law to the contrary, the aggregate amount of one million one hundred twenty-three thousand nine hundred and twelve dollars received by the General Brown central school district from the Utica National Insurance Group allocated for the rebuilding of the bus garage and the lease of buses shall not be deducted from the cost allowance used to compute aid for such projects pursuant to subdivisions 6 and 7 of section 3602 of the education law. Any amount due and payable to the General Brown central school district for school years prior to the 2014-15 school year as a result of this act shall be paid pursuant to the provisions of paragraph c of subdivi- sion 5 of section 3604 of the education law. S 2. This act shall take effect immediately.EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14597-01-4