During the past four years, Malverne has seen a major decline in state aid due to the Gap Elimination Adjustment, or GEA, imposed by the state on districts like ours. Money is being collected from our taxpayers and not being used to directly benefit our students, and it is out of the district’s control. Intended to be a short-term solution to the state's financial crisis, it has now become an additional source of revenue used to subsidize what many then characterized as overspending, and now describe as a surplus. Because of the GEA, since 2009-10 an average of more than $1,000,000 has been withheld from our district annually, and despite the state “surplus,” an additional $876,123 has been withheld for the 2014-15 school year.
By accessing the link below, you can sign a petition showing your support for the repeal of the GEA. The deadline for signing the petition is March 19th. Signing the petition will only take a few moments of your time, but it could make a financial difference to our community and students!