Hard Times Hit Schools
States’ Budget Shortfalls Darken Start of New Year
Just two months ago, states had already racked up $40 billion in budget shortfalls so far this fiscal year—or the equivalent of the K-12 education budget for the entire state of Texas, with a couple billion left over in change.
The number only keeps rising, along with the pressure on educators at every level, as they start the 2008-09 school year.
Florida’s budget gap has risen to $1.5 billion, South Carolina’s is up by $222 million, and Washington state is looking at a $61 million increase in its shortfall—all of them having learned in the last few weeks that the tax revenue they depend on to fund everything from schools to prisons...
This article is available to subscribers only.
To keep reading this article and more, subscribe now or start a 2-week FREE trial.
Access selected articles, e-newsletters and more!
- Chattahoochee Hills Charter School, Multiple Locations
- Round Rock ISD, Round Rock, TX
- The Berkeley Institute, HAMILTON, Bermuda
- Roaring Fork School District, Carbondale, CO
- Charter School Director (Head of School)
- International Preparatory Academy, Detroit, MI