Tuesday, February 24, 2009

District to receive federal money from stimulus package

According to information posted by the State Superintendent, the Genesee School District is estimated to receive $20,000 additional federal funds for Title I-A (compensatory education) and $60,000 additional funds for Title VI-B (special education).

Any other federal stimulus funds would flow through the state, not directly to the District, and would impact the state funding formula. The best guess of how that money might be used, should the Governor choose to initiate a block grant request to the federal government, would be to mitigate the hold backs this fiscal year and the remainder would be spread over the next two fiscal years. It is anticipated there will be reductions of at least $70 million statewide next school year even with the stimulus money.

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