The school district could not know exactly what Corbett planned to do with the education budget, but it recognized that a big increase in state funding to offset the elimination
of federal stimulus funding was unlikely.
With the state still mired in the recession and the end
of federal stimulus funding, Corbett clearly had to cut state spending to balance the budget.
What has been the largest impact
of federal stimulus funding for your district?
The following statements were provided in support
of Federal stimulus funding for residential and large - scale solar energy projects through LIPA:
But in light of the recession and the drying up
of federal stimulus funds, she said, «This is the reality of the best the mayor and the council could do in the times that we are in.»
Some people blame managers for failing to look ahead and budget carefully, in particular, for failing to plan for the predictable end
of federal stimulus funds.
Here are two charts depicting the breadth of the budget cuts among districts and the shrinking
of federal stimulus funds that were used to make up for some of the cuts in the last two years.
That's because schools had been big beneficiaries
of federal stimulus funds to revive the economy after the 2008 recession, but by 2011, those funds had been exhausted.
CRISSY FIELD CENTER»S «GREEN» INTERIM MODULARS SHOWCASE SUSTAINABILITY FOR STUDENTS AND PARK VISITORS SAN FRANCISCO, CA: With the infusion
of federal stimulus funds through the American Recovery & Reinvestment Act, one of the Bay Area's largest and most anticipated public works projects — the reconstruction of the Doyle Drive / Presidio Parkway approach to the Golden Gate Bridge, originally scheduled to begin in 2011 — was put on the fast track to break ground in summer 2009.
If a newspaper reports that the mayor of a big city is using his control
of federal stimulus funds to reward political supporters, it helps to know whether this information comes from «a source within City Hall», «a former staff member», «a press conference by an opposing candidate», or «an official involved in the Justice Department investigation.»
Not exact matches
With the ending
of the
stimulus funding and the repayment
of the principal on assets maturing under the Insured Mortgage Purchase Program, the
federal government's new borrowing requirements are falling dramatically.
The initial $ 220 million investment in the fiber optic system was
funded, in part, by a $ 111.6 million
federal grant provided as part
of the
federal stimulus program in 2010 designed to spur jobs and the development
of a smarter electric grid.
For state and local governments, the statutory requirements for balanced budgets meant that fiscal policies turned restrictive relatively quickly once budget surpluses and rainy day
funds were exhausted, and this was only temporarily mitigated by
federal transfers to the states as part
of the initial fiscal
stimulus program.
Five
of the new
funds listed on the Nasdaq and are clearly aimed at quelling investors» fears
of a rising interest rate related to the
Federal Reserve's announced $ 10 billion tapering
of its economic
stimulus.
By the late 2000s — after the recession but before an influx
of federal stimulus cash — New York City was getting just 9 percent
of its
funding from the
federal government.
In the wake
of intense opposition from the town and Orient residents, the authority eventually dropped that project, which was to be financed largely with
federal stimulus funds.
Adding back temporary
federal stimulus funds used to supplement state
funds in each
of the last three years, state operating spending under the new budget is up a whopping 8.4 percent over 2007 - 08, although both personal income and private - sector economic activity in New York has dropped sharply during the Great Recession.
In addition to cutting the Department
of Education's budget by $ 350 million, the plan replaces $ 853 million
of expiring
Federal stimulus funding with city money.
Unlike most states, New York shares its portion
of Medicaid costs with the counties, and the trend lines should concern every taxpayer: With
federal economic
stimulus funds running out and
federal health insurance changes, 16 million more Americans are expected join the 60 million now enrolled in Medicaid by 2014.
The council questions Cuomo's claim that schools have received «tremendous» increase in
funding over the past decade, noting, for example, that aid increased 1.9 percent in 2009 - 10 largely because
federal stimulus cash averted the need for layoffs that would have been caused by the $ 1.1 billion worth
of cuts proposed by then - Gov.
Sheheen accused Haley
of doublespeak, pointing to her record
of voting for a provision in the state budget to accept
federal stimulus funds, before voting against the budget itself.
Oneida County Executive Anthony J. Picente, Jr. and Utica Mayor David Roefaro today announced that the City
of Utica will receive a $ 2 million grant as part
of the
federal stimulus package, opening a new chapter in the county - city partnership to reduce lead exposure in the City
of Utica by
funding efforts to abate lead in some 190 rental and... Read more
«We received the last
of the significant
federal stimulus funding in June, and the temporary PIT surcharge ends in the third quarter this year.
Adrienne Esposito, Executive Director
of the Citizens Campaign for the Environment, said: «This is a terrific way for Long Islanders to benefit from
federal stimulus funds.
Oneida County Executive Anthony J. Picente, Jr., today voiced strong support for a proposal by Senator Charles Schumer to have county governments in New York State receive direct
funding from the
federal government as part
of additional Medicaid
funding for New York that will be included in the upcoming
federal stimulus package.
State Budget Director Robert Megna added that the state has gotten less
funding from the
federal government during the past year and a half, especially with the end
of the
stimulus package instituted after the 2008 financial crash.
Utility executives and smart grid advocates agree that apart from the smart grid projects
funded by $ 4 billion in
federal stimulus grants, most current smart grid investment is going into improving the efficiency, reliability and profitability
of power supply, rather than reaching consumers directly.
In the American Recovery and Reinvestment Act
of 2009 — otherwise known as the
stimulus bill — the NSF received $ 15 million
of federal funds to create more PSM programs and to improve those that already exist.
The company plans to invest nearly $ 900 million to deploy the smart - meter infrastructure in Ohio and Indiana and apply for
federal stimulus funding to cover part
of the project cost, said Todd Arnold, Duke's senior vice president for smart grid and customer systems.
Soon, the approximately 130 PSM programs will likely be joined by dozens more, as the U.S. National Science Foundation (NSF) prepares to issue an announcement — expected later this month —
of grants for establishing PSM programs with
federal stimulus funds.
While the nearly $ 100 billion in
federal economic -
stimulus aid set aside for education has challenged school districts to turn one - time money into long - term reform, this historic influx
of funding has also set the stage for long - term — and not necessarily positive — consequences.
The termination
of almost $ 1 billion in
federal stimulus funding for education in Pennsylvania was to be offset by only a very modest replacement by the state.
For Philadelphia, the end
of the
stimulus and the state's decision to offset only a small share
of the
federal cuts meant a 14 percent drop in state and
federal education
funding between 2011 and 2012.
Though the
federal government can't force states to make these changes, it can provide incentives by offering states favorable standing in the next round
of stimulus funding.
The district is scheduled to receive $ 149 million in
federal stimulus funds, but only $ 11 million
of this can go toward reducing the deficit.
While the nearly $ 100 billion in
federal economic -
stimulus aid set aside for education has challenged school districts to turn one - time money into lasting reform, this historic influx
of funding has also set the stage for long - term — and not necessarily positive — consequences.
A group
of leading reformers, the Coalition for Student Achievement, published a document in April 2009 that offered ideas for the best use
of the
federal government's $ 100 billion in
stimulus funding.
The Center on Education Policy surveyed districts in the spring and found that 46 percent expect
funding decreases
of 5 percent or more in the 2011 — 12 school year (the poll asked districts about their «total
funds available» for the year, excluding
federal stimulus monies).
Construction bonding authority — a technical, and often obscure, source
of capital
funding for school districts — has emerged as a hot ticket for those looking to finance school facilities work under the
federal government's economic -
stimulus program.
This year's report also features a special analysis by the Editorial Projects in Education Research Center, which tracks several key economic indicators over time, unpacks education
funding tied to the
federal American Recovery and Reinvestment Act, and identifies education - related jobs saved as a result
of the economic
stimulus package.
The association has a point: Within the past decade, more than $ 200 million in
federal stimulus funds, plus millions more from the U.S. Department
of Agriculture, have been spent in New Mexico alone on efforts to extend high - speed broadband networks to rural areas.
Twice during the presidential - campaign debates, Barack Obama termed early - childhood education one
of his highest priorities, and even before serious planning got under way for an antirecession «
stimulus» package, he had pledged to this priority an additional $ 10 billion in annual
federal funding.
These new tests are
funded by $ 330 million in
stimulus money through the
federal Race to the Top competition and are intended to measure critical thinking, particularly the critical skills emphasized by the Common Core State Standards, the set
of educational standards most states have agreed to adopt.
He argued that Governor M. Jodi Rell's use
of federal stimulus money will put K - 12 education at a disadvantage when the extra
funding runs out.
First, the lieutenant governor made no mention
of the Great Recession, which was the worst since the 1930s, nor did he explain the degree to which
federal stimulus dollars helped plug in the gaps in state
funding for education.
Key state economists gathered at CEA today — along with reporters — to discuss a variety
of topics from the depth
of the state recession to the wisdom
of how
federal stimulus funds were applied by state policymakers.
Federal stimulus funds helped plug in gaps primarily by saving as many educators» jobs as possible — but it was still not enough money to keep pace with the growing numbers
of schoolchildren coming into North Carolina classrooms, in particular with regard to classroom supplies.
The school benefits from the assistance
of community partners and a grant
funded with
federal stimulus money.
To alleviate some
of the strain on local budgets, the
federal government passed and implemented a large
stimulus package, which included
funds for school districts.
Many
of the ideas Duncan pushed states to adopt through Race to the Top, the $ 4 billion grant
fund created by the 2009
federal stimulus law, come straight out
of playbooks developed by Gates and other foundations.