CA Finance News Through July 31
Federal News
The U.S. Department of Education has just released various documents regarding funds authorized under the American Recovery and Reinvestment Act (ARRA).
The documents include:
- fact sheets on Race to the Top funds (http://www.ed.gov/programs/racetothetop/factsheet.html)
- Innovation Grants (http://www.ed.gov/programs/innovation/factsheet.html)
- the Teacher Incentive Fund (http://www.ed.gov/programs/teacherincentive/factsheet.html)
- State Longitudinal Data Systems (http://www.federalregister.gov/OFRUpload/OFRData/2009-17908_PI.pdf)
- Phase 2 of the State Fiscal Stabilization Fund (http://www.federalregister.gov/OFRUpload/OFRData/2009-17906_PI.pdf)
While President Obama chided California for not using test scores to evaluate teachers, Education Superintendent Jack O’Connell labeled it a misunderstanding. Meanwhile Los Angeles has submitted a direct appeal to Secretary Duncan to bypass the State.
A federal appeals court has dismissed a lawsuit by low-income families in Richmond, Hayward and Los Angeles challenging education rules that classified trainees in state-approved programs as “highly qualified teachers.”
Sacramento News
While Governor’s signature on 2009/10 budget drew the usual reactions from the interested parties, few believe that State budget woes are fixed. In fact, one credit agency is already projecting a $15 billion deficit for next year.
Reforming State and Local Governance
The Governor has called a Special Session of the Legislature to see if it can straighten out the state’s tax system.
The diversion of property taxes from cities, counties and school districts began before Prop 13.
Another effort to reform term limits is making the rounds in the Legislature.
School District Impacts
File under Orange County Register spin of the budget impact on education. California’s public schools should be able to weather an anticipated $6 billion budget cut in the coming year as long as they don’t rescind any layoffs or restore any slashed programs and services, a leading educational consulting firm said.
Martinez school district received good news, when City Council approved a $500,000 loan to the school district.
In the spirit of the Full Monty, a Washington school district fund raising efforts includes 12 islands fathers and residents are wearing their birthday suits in a new 2010 calendar dubbed “the DreamBoats”.
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