A 7867 New York Assembly · 2025 Regular Session

Provides for accelerated payments to the city school district of the city of Mount Vernon

This bill provides accelerated funding to the Mount Vernon City School District, directly affecting its budget and operations. It mandates that the district receive up to $8 million annually - starting in 2025 - through a decreasing schedule over 30 years (based on the formula: $8M × (30 - years elapsed)/30), with payments due by specific dates each school year. The funds must support educational programs and district liabilities, while requiring monthly and quarterly financial reports on fund usage to state education and budget offices. The bill expires on June 30, 2055, after which payments cease. This is a targeted financial provision for Mount Vernon schools, not a broad policy change.
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 11, 2025 Last action Jan 7, 2026
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO EDUCATION
lower
Apr 11, 2025
Committee
REFERRED TO EDUCATION
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Gary Pretlow
Gary Pretlow
DDemocratic
NY
89