Budget and Finance

The latest news about budget and finance, including articles, Commentaries, and special features

Richard Gray, representing the Texas Taxpayer & Student Fairness Coalition, argues before the Texas Supreme Court in a lawsuit by more than 600 school districts challenging the state’s school finance formula. The court in May upheld the state’s funding, finding that it met “minimal” constitutional standards.
—Eric Gay/AP-File

School Finance Suits: More Than Just a Legal Roll of Dice?

The fate of challenges to state K-12 funding formulas is far from random, often hinging on the specifics and ambiguities of each state's constitution. (May 31, 2016)

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The Financial Crisis
This topic page features the latest news on the financial crisis and its impact on education in the United States and across the globe.

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Those who lobby on behalf of public school educators, civil rights issues, and education funding say they're fighting what feels like a multifront war.
May 17, 2017 – Education Week
Proposed legislation to overhaul the nation's law governing career-and-technical education seeks to give states more discretion over spending, which programs to focus on, and other issues.
May 17, 2017 – Education Week
Eye-popping parachute packages are still relatively uncommon in the world of K-12, but some recent cases show that school boards will pay hefty sums to get rid of superintendents.
May 17, 2017 – Education Week
Much of the funding for California's pro-school choice groups and candidates comes from a handful of very wealthy donors, including the founders of Netflix and The Gap and children of Wal-Mart creator Sam Walton.
May 13, 2017 – AP
Wealthy school-choice advocates, wielding millions of dollars in campaign contributions, have sought to play a powerful role in Pennsylvania politics. All told, more than $10 million from school-choice advocates has made its way into Pennsylvania political campaigns in the past decade.
May 13, 2017 – AP
Among the nation's financial elite who have helped shape the school-choice movement, Michael Bloomberg tops the list of New York's political contributors.
May 13, 2017 – AP
For two decades, a loose-knit group that includes some of the country's wealthiest people has underwritten the political push for school choice, promoting ballot initiatives and candidates who favor competition for traditional public schools.
May 13, 2017 – AP
The Associated Press examined political contributions over a 10-year period by the people who have been major contributors to advance school choice measures such as public charter schools and programs to use taxpayer funding to pay for private school tuition.
May 13, 2017 – AP
The agreement boosts federal aid for Title I and special education through September, but K-12 cuts could loom for fiscal 2018 to pave the way for defense increases.
May 10, 2017 – Education Week
Local officials welcome the new money and flexibility the formula has shifted to districts since 2013, but a new study finds it's still a work in progress.
May 10, 2017 – Education Week

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