Someone just sent me that latest from Virginia Education Association Director of Government Relations Robley Jones. Good news for the schools:
The significance of President Obama’s American Recovery and Reinvestment Act (ARRA) is just beginning to sink in. Bush bailed out the banks and Obama has bailed out the schools! U.S. Department of Education ARRA funding for the 2009-2010 school year for Virginia includes the following:
State Fiscal Stabilization $1,202,770,052
Title I – $165,311,666
Ed. Technology – $10,801,292
IDEA Part B – $261,415,033
IDEA Part B, Pre-School – $9,470,492
Grand Total – $1,696,587,551
Dr. Frank Barham, the Executive Director of the Virginia School Board Association wisely sent a message to school board members across the state last night offering that, “Our [VSBA] advice is that you implement no RIF policies, amend or adopt new budgets until you get the printout from the state in the next few weeks.”
Please urge your superintendent and school board to follow Dr. Barham’s advice.
I am not sure what all this means but it tells school boards and superintendents to hold off on major decisions until the ink dries.
It looks like almost $1.7 billion dollars is being pumped into Virginia schools. I suppose what would be critical is when and how the money will be divvied up. PWC Schools are short $57 million. Will our notoriety for having the most foreclosures in the state give us a bigger piece of the pie?