Education Funding Report Roundup

School Finance

By Alexandra Rice — July 12, 2011 1 min read
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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.

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A version of this article appeared in the July 13, 2011 edition of Education Week as School Finance

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