U.S. to Nation’s Schools: Spend Fast, Keep Receipts
Arne Duncan, the secretary of education, sent a message to the nation’s school officials last week: Heads up! We’ll be sending you billions of dollars by month’s end. Spend the money quickly but wisely. And keep receipts; we’ll be asking.
The message, which went out Friday in documents e-mailed to governors, state education commissioners and thousands of school superintendents, provided the first broad guidelines for how the Education Department intends to channel $100 billion to the nation’s 14,000 school districts over the next few months. The expenditure is part of the Obama administration’s economic stimulus package.
Some $44 billion will be made available to states before the end of this month, Mr. Duncan said, in the hope that layoffs can be averted. Hundreds of thousands of job losses in schools had been projected for the fall because of growing state budget deficits caused by a steep drop in tax revenues.
More school stimulus money will be distributed in the spring through the fall, the documents said, after states apply for the financing and provide Congressionally mandated “assurances” to Mr. Duncan that they are complying with federal education laws.