ALBANY, NY (05/18/2012)(readMedia)-- Pyrrhic Victories in School Budget Votes
The official statewide school budget results are in and 96.1%, or 654, passed. These results are slightly better than previous years, since the start of the national recession in 2008, where the average passage rate over the past four years has been 93.83%.
"These numbers demonstrate that although the tax cap had a negative impact on school budgets and tax levies, it had minimal impact on the budget passage rate," stated Michael J. Borges, NYSASBO Executive Director.