The city Department of Education has yet to face the 'fiscal cliff' that will come in 2026, losing an estimated $556 million in federal pandemic aid.
Closing and consolidating schools is the only viable solution to address the significant drops in enrollment and ballooning education spending in New York City.
New York City's public school budgets are inflated, spending approximately $39,000 per student, the highest in the nation, yet many schools underperform significantly.
Multiple city schools with fewer than 100 students are underperforming, with a top-funded school preparing just 21% of students to read at grade level.
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