School systems across New York State are facing significant financial challenges over the next few years, but at least half of those districts could be insolvent in four years.
This information stems from a new survey of superintendents statewide. At least 7 school districts in Western New York are projecting financial crises as pension costs and program demands are rising but revenues are not maintaining pace. Schools are struggling to fund student services that are mandated by the states and Washington.
In an October statement, Governor Andrew Cuomo expressed a desire for relief from federal mandates.
