#2 is what the people of East Ramapo want to happen and think thats what will happen
They dont seem to realize it will come at a cost, It might even come at a cost of a combination of #1 and #2. Like they have to raise taxes $1 for every $1 in government aid. It might come at the cost of loss of control of school board (I think this happend in Roosevelt) . And like I said , If East Ramapo gets a bailout , others will want one too costing the state more money so its not as easy as they want. Its very unlikely due to politics of the entire state that #2 will occur unconditionally