Written by Michael Scro, firstname.lastname@example.org Thursday, 23 January 2014 09:34
The Garden School District recently received a “zero stress” rating by the Office of the New York State Comptroller Tom DiNapoli in a fiscal stress test.
Announced at a Garden City Board of Education meeting on Tuesday evening, Jan. 14, Assistant Superintendent for Business Dana DiCapua described the rating as “strictly a snapshot based on a series of calculations having to do with where the district is financially.”
DiCapua said a fiscal stress test, which will be performed annually, was given to districts across the state, and was based on a series of parameters and an algorithm formed by the comptroller’s office.
While pleased with the news, Trustee Robert Martin questioned the merits of the “stress free” rating, saying, “how can they honestly say that any school district is stress free when we are under the restrictions of a cap on revenues, under restrictions under the percentage of revenues we can hold—none of which make any reasonable, fiscal sense.”
DiCapua responded by saying the results indicate that the district’s fund balance is “where they [NY State Comptroller] want it to be,” reserves are not over funded or under funded, and the district’s cash is “being handled in a correct manner.”
Superintendent of Garden City Schools Dr. Robert Feirsen expressed an understanding and appreciation for the rating, saying, “it’s a sign of good fiscal management—meaning we’re using our resources prudently,” however agreed with Martin by saying, “we’re not a stress free district.”
To coincide with the news of a stress free rating, DiCapua announced that the district was successful in refinancing one of their construction bonds, from the low fours to an interest rate of 1.46, which the district will see a savings of slightly under $194,000.
In other news
Assistant Superintendent for Curriculum and Instruction Dr. Teresa Prendergast spoke on recent news of the federal government granting a waver to the New York State Education Department to eliminate “double testing.”
“In previous years, eighth grade students who accelerated in mathematics and who were enrolled in a regents algebra course, were required to not only sit for the grade eight math assessment, but also for the algebra regents exam in the spring,” Prendergast said. “We look forward to the fact that beginning this spring, our eighth grade students who are accelerated in mathematics and will be currently sitting for common core algebra one curriculum, will not need to sit for the grade eight math assessments.”
For the district’s middle school, where students are predominantly located for acceleration, Prendergast said will be a “welcome relief,” where 58 percent of the eighth grade are accelerated in mathematics.
“It’s one less state assessment they have to sit for,” Prendergast said.
Sunday, 19 October 2014 00:00
In an earlier column, Mayor John Watras shared some helpful tips on how to secure your property in preparation for a hurricane. The following are additional recommendations on what you can do now to be prepared in the event that a major storm hits Long Island.
As the storm approaches, customers should take the following steps to prepare for the arrival of either a hurricane or tropical storm:
Saturday, 18 October 2014 00:00
Two Long Island childhood friends, Scott Reich and Michael Winik, recently left their respective careers as an attorney and investment banker to pursue their dream of starting a business together, online food market OurHarvest.
“When Mike and I decided to start a business, we knew it had to reflect our shared love of food, address the lifestyles of our fellow Long Islanders, and be socially responsible,” said Reich.
Thursday, 09 October 2014 09:22
Prior to the start of high school running season, Garden City’s Physical Therapy Options (PTO) had an opportunity to provide a presentation to members of Sacred Heart Academy’s cross country team. Team members gathered at Garden City’s New York Running Company to learn strategies and tips for a successful fall season.
PTO staff members Dr. Meghan Goetz, Doctor of Physical Therapy, and PTO Aide Mike Murphy discussed the importance of stretching to prevent injury and provided strategies and tips for success for the high school runner.
Thursday, 25 September 2014 00:00
The league started on Saturday, Sept. 13 at Garden City’s Tullamore Park. It runs from 11:30 a.m. to 1 p.m. on Saturdays. A uniform shirt and soccer balls are provided. Cleats and soccer shorts are recommended and players must wear shin guards. Age groups range from pre-k through 12th grade. Garden City residents and non-Garden City residents are welcome. Middle school and high school age volunteers are needed. No soccer experience is necessary. If you have any other questions, please contact Andy Garger at email@example.com or 516-775-8058.
— Submitted by the Challenger Soccer League