Yonkers School District to Receive $25 Million from the State, Cuomo Says

The Yonkers School District will receive $25 million from the state to help avoid layoffs and program cuts next year, Gov. Andrew Cuomo announced Thursday.

Last week, Cuomo unveiled a $100 million aid package for distressed school districts throughout the state, of which Yonkers is one. But that funding appears to have been reduced or eliminated from the final state budget agreement, but Yonkers will still receive $25 million, reports The Journal News.

• Related: Gov. Cuomo Comes to the Rescue of Distressed Yonkers Schools

The district had built up a $55 million budget shortfall over the past couple of years due to an accounting error. For next year, the deficit was slated to be about $26 million, so the state’s funding will essentially cover the discrepancy.

“We are going to make every effort for us to stabilize the city and its finances on our own,” Yonkers Mayor Mike Spano told The Journal News. “We’ve been doing it, and hopefully we can continue to do it.”