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What happens if districts don’t spend all of the funds in their C4E?

April 26, 2017c4e districts don’t funds happens spend

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What happens if districts don’t spend all of the funds in their C4E?

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NYSED will deduct any unspent Foundation Aid subject to C4E requirements from subsequent years’ State Aid. Districts should identify this amount as a liability for 2008-09 budgets. Districts should inform NYSED if they will have any unspent funds; please contact Charles Szuberla at cszuberl@mail.nysed.gov.