This doesn't sound good:
The district will likely owe $1.2 million in additional retirement costs, will have $1.3 million less in state aid because federal stimulus aid will have run out, and won't be getting any funding increases from cash-poor New York state.
The county is also gearing up in case funds from New York State are disrupted.
Meanwhile, in the Ithaca schools, long-time superintendent Judith Pastel is retiring.
Posted by simon at December 3, 2009 5:46 PM in Ithaca Journal , public finance , schools (Dryden) , schools (Ithaca)