Showing posts with label deficits. Show all posts
Showing posts with label deficits. Show all posts

Monday, January 24, 2011

More on Ms. Klein's Forecast

Looking more closely at the 1.4.11 Forecast, specifically the Federal (incl stimulus funds) line that represents 2% of the Revenue, I found two articles today that Ms. Klein should read.  State tuition voucher proposal on path fraught with questions.
"This school year, the state is counting on $654.7 million in federal economic stimulus money to help foot the basic education subsidy bill.
But that money -- which accounts for about 11 percent of the basic education subsidy this school year -- is not expected to be renewed for 2011-12. The state also expects to lose millions of dollars in stimulus money for other aspects of education and other services."

The other article that Ms. Klein should read is Politicians Balance Budgets With Money for Classrooms. 
"U.S. governors and legislatures facing deficits of more than $140 billion are slashing local school budgets, cuts that may mean jammed classrooms, fewer teachers and libraries without librarians."

This is not good news at a time when the School District is asking the Commission for final approval on the High School project.