The fund now stands at more than $34 billion, but only the interest income can be spent. In August, a state district judge ruled that Texas was not distributing school funds adequately or fairly among its richer and poorer districts.
Recently in School Funding Category
September 19, 2014
September 16, 2014
The school districts are asking the state to pay them about $134 million, funds they say are owed to them under the Mississippi Adequate Education Program. The program, which provides money to poorer districts for teachers' salaries and retirement, textbooks, and building maintenance, has been fully funded only twice since it passed the legislature in 1997.
August 28, 2014
A group of 14 districts is asking the state to pay the $115 million they say they have been owed since fiscal year 2010.
August 27, 2014
The district's emergency manager reversed course after the measure was criticized by both teachers and the state education superintendent. The pay cut was part of the most recent deficit-reduction plan the district submitted to the state.
August 20, 2014
The Philadelphia Education Research Consortium, funded through a three-year grant from the William Penn Foundation, will provide research and analyses on education issues in the city. It will be a partnership between Research for Action, three of the city's research universities, and the city's regular and charter schools.
August 15, 2014
Among the cuts: About 7,500 high school students who live within two miles of school will not have district-provided transportation. They will have to find alternative ways to get there.
August 06, 2014
The $265 million is essentially an advance on money the district was already scheduled to receive during the year. Even so, schools Superintendent William Hite gave no assurances that schools will open on time and renewed his call for state legislators to pass the $2-per-pack cigarette tax to plug the funding gap.
July 01, 2014
The state fiscal year in Pennsylvania began without a budget signed by the governor, but the Philadelphia school district is hoping its city will get permission to impose a $2-a-pack tax on cigarettes to help fund its struggling schools.
June 17, 2014
Chairman of the School Reform Commission William Green says he says a "prayer" every morning because he does not see how the funding crisis—now an annual rite of spring—could be fixed without the intervention of a higher power.
June 06, 2014
In a report this week by two state organizations, school districts said that despite an increase in state education aid this year, they will still have to raise local taxes.