Industry News
School District Again Awash in Red Ink
January 28, 2010
Oops! The sea of red ink engulfing the Los Angeles Unified School District budget is turning into an ocean of scarlet. The district was expecting to face a $470 million dollar deficit next year. But this is now balloonin g into a potentially $670 million dollar shortfall. District officials discovered this after reading the fine […]
City Council Approves School Funding Method
January 27, 2010
The Memphis City Council approved a method of giving Memphis City Schools $50 million. To come up with the $50 million the city council will take $28 million from the reserve fund, will ask mayor A C Wharton to cut $10 million from this year’s budget and the remaining $12 million will be a debt […]
New Funding Formula Could Cost County Schools $590,000
January 27, 2010
The budget crunch for Franklin County schools could have been even worse in the next fiscal year than the projected $6 million shortfall if former Gov. Tim Kaine had not recommended a one-year delay in new figures for the state school funding formula. However, the General Assembly and Gov. Bob McDonnell could still reject Kaine’s […]
Schools Look to ‘Race to the Top’
January 27, 2010
With the state asking for additional financial cutbacks from school corporations, superintendents are looking for any additional dollars they can find. U.S. Secretary of Education Arne Duncan announced the Race to the Top competitive grant program in July, emphasizing the need for comprehensive education reform and innovation in schools across the nation. In November, the […]
Elementary School Loses Health Technician to Budget Cuts
January 27, 2010
The health room at New Midway Elementary School will be minus its full-time staff member come Friday afternoon. Health room technician Marsha Craver is being transferred to Gov. Thomas Johnson Middle School. She will not be replaced at New Midway, a decision that concerns the mother of a student with heart problems. "I don’t understand […]
Schools in Dillon, S.C., to Get Nearly $40M in Federal Funding
January 27, 2010
The dilapidated schools in Dillon, S.C., which President Obama made into a symbol of the kind of problem his administration would improve, will receive $39.8 million in federal funding through the American Recovery and Reinvestment Act, the U.S. Department of Agriculture announced Tuesday. The schools got public attention when Obama twice visited Dillon during his […]
Funding Delays Could Hurt Local School District
January 27, 2010
A five billion dollar budget deficit has created plenty of cuts for Minnesota school districts already.And now the state will delay payments to certain districts as well. As much as 423 million dollars in Minnesota school aid payments could be delayed to help Minnesota pay its bills. Nicollet is one of 231 districts the state […]
A Slap in the Face
January 27, 2010
Suppose you received a letter asking for a contribution to help needy children. The solicitation was filled with heart-rending pictures and stories about the children’s plight and how your money can make the difference between a bleak future and one filled with hope. Duly moved, you make a donation only to learn that the organization […]
Obama to Promote More Education Spending in State of the Union Speech
January 27, 2010
President Obama will propose a major increase in funding for elementary and secondary education for the coming year in Wednesday’s State of the Union address, one of the few areas that would grow in an otherwise austere federal budget, officials said. The proposal to raise federal education spending by as much as $4 billion in […]
Medford Joins Race for Federal School Funding
January 27, 2010
Let the race begin! Massachusetts is one of 40 states (along with Washington D.C.) to submit an application to the federal government for “Race to the Top” funding, as part of a new program meant to bolster school finances and improve the quality of education across the country. “It is expected that approximately 16 states […]