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Good morning. It’s Amy with Chalkbeat New York.

As we approach the finish line for the 2025-26 school year, we’re looking ahead to the fall, when NYC school budgets will continue to be propped up regardless of enrollment declines. While these extra funds have been a lifeline for shrinking schools, some fiscal watchdogs say the city can’t sustain the expense of holding schools harmless.

How much is your school getting in “hold harmless” money? Find out in today’s top story.

Educators and families, tell us what you think of the policy: [email protected].

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Local News

NYC’s $1.9 billion dilemma: How long can schools be ‘held harmless’ for enrollment losses?

New York City will spend $290 million to ensure schools with declining enrollment don’t lose money this school year. That’s on top of $1.6 billion the city has spent on “hold harmless” over the past six years.

Around Chalkbeat

Feds open new investigations into transgender athletes in three Michigan school districts

The Office of Civil Rights in the federal Education Department is investigating Ann Arbor Public Schools, Chippewa Valley Schools, and Monroe Public Schools for various allegations related to transgender athletes.

A network of public microschools wants to expand across Indiana. Is it collaborating or competing?

The Indiana Microschool Collaborative said it’s driven by families’ interest and declining enrollment at traditional public schools. But some don’t believe the network is playing fair.