Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Districts Brace for Crash in State K-12 Revenue Due to Coronavirus

 

March 23, 2020



School districts should brace for a precipitous drop in state K-12 aid next year because of the coronavirus’s widespread impact on the economy—and they should start preparing now, funding experts warn.

“For districts, this is going to be a double whammy,” said Jonathan Travers, a partner with Education Resource Strategies, which consults with urban districts’ chief financial officers and advocates for more equitable spending. “There’s uncertainty on the revenue side as far as how much state aid districts are going to get … and, on the expense side, we’ve got to figure out how to respond to this new world. Districts need to begin planning for a new reality.”

https://www.edweek.org/ew/articles/2020/03/19/districts-states-brace-for-crash-in-k-12.html?cmp=RSS-FEED

 

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