New York City schools are about to get a $125 million boost, Mayor Bill de Blasio announced on Wednesday.
The new money means that all city schools will soon receive at least 90 percent of the money they are supposed to get under the city’s funding formula. The change will allow 854 schools to spend more on things like literacy specialists, tutoring, supplies, and technology, de Blasio said.
Despite the extra cash, many schools will still not reach the level the city considers fully funded. Principals have said in the past that until the city reaches its goal, the neediest schools will struggle to afford crucial services, such as additional academic programs or after-school classes.
“We are fighting against a problem that, bluntly, has been here for decades, even generations,” de Blasio said, flanked by City Council leaders who pushed for extra funds during the budget process and advocates at City Hall. “But in this generation, we’re going to fix the problem.”