New York Regents Seek $2B Increase In School Aid

BUFFALO (AP) -

The New York state Board of Regents is recommending a $2 billion increase in state school aid in the 2015-16 budget, which would boost the state’s education spending to an all-time high of $24.4 billion.

The board, which sets education policy, also want some of the $4.8 billion that New York state is expecting from various legal settlements to be earmarked for education.

Gov. Andrew Cuomo will release his budget proposal in January.