Sunday, May 14, 2017

  WXPort  

 

 

HF-FM school district secures federal impact aid

WASHINGTON – The Highland Falls-Fort Montgomery Central School District has received another $1 million in federal impact aid to offset the loss of tax revenue from the US Military Academy at West Point.

A total of 93 percent of the land in the school district is tax exempt and the federal impact aid is designed to assist this district as well as other similar school districts, over 1,300 nationwide.

A federal funding deal will now provide $1.3 billion for the program, a $23 million increase from last year.

The funding was announced by Senators Charles Schumer and Kirsten Gillibrand and Congressman Sean Patrick Maloney.

HF-FM Superintendent of Schools Dr. Frank Sheboy said the district “relieves on impact act to fund its strong academic programs and the prospect of this being eliminated in the executive budget would have had disastrous impact on our ability to educate our children.”

 

 


Copyright © 2017 Mid-Hudson News Network, a division of Statewide News Network, Inc.
This story may not be reproduced in any form, by any media, without express written consent.
This includes rewriting, broadcasting and/or printing of material from MidHudsonNews.com,
by websites, radio and television stations, newspapers or other media

 

 


HEAR today's news on MidHudsonRadio.com, the Hudson Valley's only Internet radio news report.