Watervliet masthead Watervliet masthead

1245 Hillside Drive, Watervliet NY 12189
(518) 629-3200
Paul Padalino, Superintendent

school buttons City School District

Watervliet's Contract for Excellence 2007-08 Budget Summary

2006-07 Foundation Aid*: $8,386,929
2007-08 Foundation Aid: $9,777,959
Increase: $1,391,030
Percent Increase: 16.58%
Final Contract Amount: $1,128,423
Maximum Allowable for New Programs & Initiatives: $846,317
Maximum Allowable for Continuation of Existing Programs: $282,106

 

Click here to read the 2007-08 contract plan. (coming soon)


* Foundation Aid is the Education Department's description for money provided to school districts for instructional purposes. The amount of Foundation Aid school districts receive is essentially based upon the number of students, but is adjusted to reflect regional costs and students with special needs. Foundation Aid does not include money expense-driven items, such as construction, transportation, BOCES and other special service aid, special education, universal pre-kindergarten and others.

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