Budget and Finance

The latest news about budget and finance, including articles, opinion essays, and special features.

A School District in Fiscal Free-Fall Scrambles to Avoid Crash Landing
—Photo © Andy Manis

A School District in Fiscal Free-Fall Scrambles to Avoid Crash Landing

Emotions remain raw as educators and residents in a rural Wisconsin district dig for solutions after being denied the option of dissolving. (January 31, 2020)

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The State of K-12 Budgets: Positioning Your Company for the Coming School Year
This webinar will look at the current fiscal climate affecting states and school districts, and explain what education companies should expect from district spending.

Background

School Finance
Running schools—and improving them—cannot take place without the proper resources, and it all starts with money.

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Managing the Money
This Education Week special report puts the focus on what those on the hot seat—superintendents, principals, and other local leaders—actually do with the funding they get and what stands in the way of their making better use of it.

Education Week Quiz

Quiz Yourself: How Much Do You Know About School Finance?
What is the relationship between school demographics and school budget, how can districts allocate new funding, and how outdated are school funding formulas?

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Competing priorities and no good choices about where to make deep cuts confront state lawmakers struggling to deal with the fiscal crisis caused by the coronavirus pandemic.
May 28, 2020 – Education Week
New costs are colliding with dwindling funds—a double whammy of the coronavirus crisis that is making the re-opening of school buildings a huge financial challenge.
May 21, 2020 – Education Week
A 14 percent cut in state spending in Georgia would lead to more than a thousand employees being laid off or bought out and thousands more being forced to take unpaid days off.
May 21, 2020 – AP
Use this interactive tool to estimate increased costs next school year due to the coronavirus pandemic.
May 18, 2020 – Education Week
A new analysis says the nation's schools will need to spend $41 billion more in the 2020-21 academic year as the fast-moving recession driven by the coronavirus pandemic boosts costs for everything from remote learning to school meals.
May 18, 2020 – Education Week
Search this table to find out how much your school district depends on state aid—an important indicator of how well school systems can withstand the recession.
May 9, 2020 – Education Week
The recession brought on by the pandemic will make inequalities in schools worse.
May 12, 2020 – Education Week
Missouri lawmakers on Friday passed a stripped-down budget for the upcoming fiscal year amid a steep drop in revenues because of the havoc the coronavirus has wreaked on the economy.
May 8, 2020 – AP
If budget cuts force pink slips, many districts leaders may be able to protect their most effective teachers, especially in schools where turnaround is high.
May 5, 2020 – Education Week
The federal CARES Act will not be enough to spare school districts from painful budget cuts. How much would it take?
April 20, 2020 – Education Week

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