Friday, February 19, 2010

JFAC Votes to Hold Schools Harmless from Mid-Year Cuts

The Joint Finance-Appropriations Committee (JFAC) voted today to hold schools harmless from mid-year cuts by backfilling $86.6 million into the public schools budget with state rainy day funds and fiscal stabilization funds from the federal stimulus package.

While JFAC’s vote to prevent mid-year cuts will make it easier for schools to get through the current school year, it will make cuts even deeper in FY2011 because funds that would have been available to offset some FY2011 cuts have been used instead in FY2010.  JFAC is scheduled to set the Public Schools Budget for FY2011 on March 1.

~ Melissa M. 

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