Published Online: July 12, 2011
Published in Print: July 13, 2011, as School Finance

Report Roundup

School Finance

"Strained Schools Face Bleak Future: Districts Foresee Budget Cuts, Teacher Layoffs, and a Slowing of Education Reform Efforts"

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Already-strained school budgets will tighten even more in the 2011-12 school year as the remaining 2009 economic-stimulus money set aside for education dries up, a report by the Center for Education Policy says. About 89 percent of school districts that received federal funding from the stimulus legislation or the Education Jobs Fund said the added cash flow helped, at least temporarily, with their financial situations, according to the report.

But in the 2010-11 school year, about 85 percent of districts with funding decreases cut jobs for teachers or other staff members, the center reports, and many said they plan to continue making cuts next year.

Vol. 30, Issue 36, Page 4

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