Arcane Accounting Rule Is Draining Millions From New York Classrooms

Arcane Accounting Rule Is Draining Millions From New York Classrooms

In mid-February, 390 school districts around the state received an unwelcome letter from the state Education Department: They were about to lose $25 million combined from their next state aid payments. Those districts had been overpaid between the 2011-12 and 2017-18 school years, and the state was taking its money back. The payments were for services for special education students. Another 255 districts learned that they had been underpaid by t…