Leadership Symposium Early Bird Deadline Is Today | Join K-12 leaders nationwide for three days of empowering strategies, networking, and inspiration! Discounted pricing ends today, Feb. 23. Register now.
Education Funding News in Brief

Despite Gaming Revenues, Md. Districts Face Deficits

By Daarel Burnette II — February 07, 2017 1 min read
  • Save to favorites
  • Print

Maryland’s booming casino industry, despite politicians’ promises, has failed to bring in more revenue for local school districts, according to the Baltimore Sun.

The Baltimore school district, for example, faces a $129 million shortfall this year despite the fact that a local casino, the Horseshoe Casino, contributed $200 million to the state’s Education Trust Fund. In total, the casino industry has contributed $1.7 billion toward the state’s Education Trust Fund since voters approved the casino gambling seven years ago.

Across the country, state politicians often dedicate mineral, cigarette tax, and gambling revenue toward school funds and then, instead of adding to existing education funds, as many voters anticipated, the tax revenue otherwise spent on education ends up plugging other holes in state budgets and cutting taxes.

A version of this article appeared in the February 08, 2017 edition of Education Week as Despite Gaming Revenues, Md. Districts Face Deficits

Events

Jobs Virtual Career Fair for Teachers and K-12 Staff
Find teaching jobs and other jobs in K-12 education at the EdWeek Top School Jobs virtual career fair.
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Reading & Literacy Webinar
Science of Reading: Emphasis on Language Comprehension
Dive into language comprehension through a breakdown of the Science of Reading with an interactive demonstration.
Content provided by Be GLAD
English-Language Learners Webinar English Learners and the Science of Reading: What Works in the Classroom
ELs & emergent bilinguals deserve the best reading instruction! The Reading League & NCEL join forces on best practices. Learn more in our webinar with both organizations.

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Education Funding ESSER Isn't the Only School Funding Relief That's Disappearing Soon
Federal relief aid, policies to prevent schools from losing enrollment-based funding, and support for vulnerable families are expiring soon.
10 min read
Vector illustration of a businessman's hand holding a slowly vanishing dollar sign.
iStock/Getty
Education Funding Schools Lost Ground on Funding in Recent Years. The Recovery Could Be Slow
School funding took a hit a few years ago. It might be some time before it recovers.
5 min read
Tight crop of a dollar bill puzzle missing one piece
iStock/Getty
Education Funding Here's How the Feds Are Spending $277M for Academic Recovery
A new round of grants from the Education Department aims to spur innovation in academic recovery, with initiatives in math, reading, and AI.
4 min read
Image of a dollar bill folded into an upward arrow.
ImagePixel/iStock/Getty
Education Funding A Judge Just Ruled That Another State's School Funding System Is Unconstitutional
New Hampshire joins Pennsylvania on the list of states whose courts have ruled that it's underfunding poor school districts.
5 min read
Image of money symbol, books, gavel, and scale of justice.
DigitalVision Vectors