Fiscal Fantasy by E.J. McMahon | | New York Post

The saga of the Campaign for Fiscal Equity (CFE) court challenge to New York state school-financing formula continues to unfold in depressingly predictable fashion.

Saving NY’s Schools by E.J. McMahon | | New York Post

A court-imposed dead line for changing New York state's school fund ing formula will probably come and go in the next two weeks, without any agreed-upon response from Gov. Pataki and legislative leaders in Albany. At that point, it will be up to state Supreme Court Justice Leland DeGrasse — and, by extension, the appellate courts above him — to decide what needs to be done to ensure a "sound basic education" for all New York City students.

No Strings Attached? Ensuring that “CFE” Funds are Spent Effectively | Reports

The 2003 New York State Court of Appeals ruling in the Campaign for Fiscal Equity case has created a historic opportunity to reform New York City’s troubled schools. This opening was created because the court not only required changing the state aid formula to ensure a “sound basic education” for all New York City pupils, it also ordered that city schools be accountable for actually producing results.

The High Cost of Educational “Adequacy” by E.J. McMahon | | NY Torch

New York State needs to spend $7 billion more to finance a “sound, basic education” for all pupils, according to the group that successfully sued to overturn the state’s education finance system. What kind of tax hike would it take to pay for such a draconian solution? This memo explores the range of possible answers to that question.

Will More Ever Be Enough? New York City’s Skyrocketing School Spending by E.J. McMahon | NY Torch

New York City's new schools chancellor, Joel Klein, kicked off his introductory news conference with the observation that ‘resources are scarce.’ True enough—although you wouldn't know it from looking at the Board of Education's budget for 2002-03. Even after the latest round of budget cuts ordered by Mayor Bloomberg, spending will keep pace with inflation. And adjusting for cost-of-living changes, per-pupil expenditures are up 57 percent since 1983.

Small Change by E.J. McMahon | | New York Posts

There are a whole lot of ways to close a $4.9 billion gap in a $40 billion budget, as Mayor Bloomberg demonstrated once again this week. He wants to balance the budget without imposing economically devastating tax hikes.

A ‘Ladder’ to Sky-High School Taxes by E.J. McMahon | | New York Post

The New York State Board of Regents this month celebrated the season of giving by calling on Gov. Pataki and the Legislature to giftwrap another $1.45 billion in state aid to public schools next year -- an 11 percent hike on top of this year's record $1.16 billion increase, which brought total school aid to $13.6 billion.
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