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The latest Budget & Finance news affecting school districts across America, updated twice daily and credited to original publishers.

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The 74
Budget & Finance
Opinion: What Dolly Parton Taught Us About Early Literacy

Dolly Parton left behind an extraordinary body of music, storytelling and philanthropy. Yet for those of us who work in literacy, her most consequential legacy is the millions of books that arrived at children’s homes...

Chalkbeat
Budget & Finance
Tennessee kids could see major Meta settlement windfall. How will it be spent?

A Meta settlement that could direct hundreds of millions of dollars to Tennessee child mental health well-being programs is a "once-in-a-generation opportunity," one Tennessee lawmaker says.

Chalkbeat
Budget & Finance
Detroit mayor announces 7 new after-school program sites with $2.2 million in city funds

Mayor Mary Sheffield's office announced Thursday that a $2.2 million investment in after-school programming will allow around 1,000 more students access to GOAL Line Detroit programs.

Chalkbeat
Budget & Finance
How much stricter will homeschool enrichment rules get in Colorado? These officials will decide.

Colorado officials will hash out new rules for publicly funded homeschool enrichment programs over the next few months.

The 74
Budget & Finance
SC Uses Orphaned Children’s Benefits to Pay for Their Care. Governor Vows That Will Stop.

COLUMBIA — South Carolina will stop pulling money from orphaned foster children’s benefits if the Department of Social Services can get enough funding to cover their care, Gov. Henry McMaster announced Tuesday. The...

The 74
Budget & Finance
Missouri Charter School Commission Returns $685,000 in Surplus Funds to Sponsored Schools

Missouri’s largest charter-school sponsor entered August with nearly $3.3 million in its account, which is more than twice what it spent in the previous fiscal year. Now the Missouri Charter Public School Commission is...

EdSource
Budget & Finance
Who should fill the school supply gap — teachers, parents or schools?

California teachers report spending an average of $991 each year on school supplies, while the median school-provided budget nationwide is $200. The gap leaves teachers paying out of pocket and, in some cases, asking...

The 74
Budget & Finance
When Plastic Companies Write the Lesson Plans

This fall, 54 million K-12 students are headed back to the classroom for another year of lessons in all the classic subjects: math, English, history, biology. But there’s another subject that’s been sneaking into school...

Chalkbeat
Budget & Finance
Huge homeschool enrichment program closes in Colorado, following stricter rules and demise of authorizer

Colorado Homeschool Enrichment, a program with 48 campuses in Colorado, will not offer publicly funded classes for home-schoolers this year.

EdSource
Budget & Finance
How Trump’s proposal to strip tax-exempt status affects California private schools

The IRS proposal to strip private schools of their tax-exempt status is the Trump administration’s latest attempt to eliminate diversity, equity and inclusion programs.

EdSource
Budget & Finance
How Trump’s proposal to strip tax-exempt status affects California private schools

The IRS proposal to strip private schools of their tax-exempt status is the Trump administration’s latest attempt to eliminate diversity, equity and inclusion programs.

EdSource
Budget & Finance
LAUSD satisfies budget revisions in 45-day window, county to continue monitoring

The Los Angeles Unified School District made adequate revisions to its budget and fiscal stabilization plan within the 45-day period outlined in a July 2 letter from the Los Angeles County Office of Education. But it...

K-12 Dive
Budget & Finance
Private colleges could lose tax-exempt status under new IRS proposal

If enacted, diversity work deemed illegal by President Donald Trump would disqualify colleges from federal tax exemption.

EdSource
Budget & Finance
Trump administration seeks to strip private schools’ tax-exempt status over race-based policies

EdSource is following this developing story and what it could mean for California’s private universities and private K-12 schools. Sign up for our newsletter to get the latest updates in your inbox. The Internal Revenue...

Budget & Finance
East Carolina University eyes another $8.5M in budget cuts

The public institution is working on a multiyear plan to shave $25 million in expenses while reinvesting some of those savings back into the university.

Chalkbeat
Budget & Finance
Guide: What to know about the public schools tax referendum in Indianapolis

Indianapolis voters will decide a property tax question this fall that would provide critical revenue to Indianapolis Public Schools.

Budget & Finance
‘Hostile takeover’: Antioch University faces down university coalition it co-founded

The Ohio institution helped launch the Coalition for the Common Good, which it says is now trying to dissolve its board, seize its funds and fire its president.

EdSource
Budget & Finance
$7.5B research bond for California universities could appear on March 2028 ballot

A $7.5 billion state bond that would fund scientific research at California universities could appear on the March 2028 ballot, pending final approval from Gov. Gavin Newsom.  Senate Bill 895, which would place the bond...

Chalkbeat
Budget & Finance
Mamdani pledges $43 million to fix NYC childcare payment delays before school starts

Mayor Zohran Mamdani announced on Monday reforms meant to speed up payments to childcare providers as the city prepares to kick off its first free program for 2-year-olds.

Chalkbeat
Budget & Finance
Why the Indianapolis teachers union opposes a proposed tax increase for city public schools

Indianapolis Public Education Corporation Executive Director Karega Rausch speaks at an event on Tuesday, Aug. 25, in support of a property tax referendum that would benefit both IPS and charter schools.

EdSource
Budget & Finance
Field trips, sixth grade camps among Fresno Unified budget cuts

Fresno parents learned during back-to-school night events earlier this month that the district has cut field trips for TK-fifth graders and camps for sixth graders in an effort to reduce spending, The Fresno Bee...

Chalkbeat
Budget & Finance
DPSCD board addresses funding gaps between sports teams

The Detroit Public Schools Community District board discussed spending for athletics, with the board president advocating for more equity between high school and K-8 sports.

EdSource
Budget & Finance
Newsom reminds school leaders of obligation to protect immigrant students

Gov. Gavin Newsom sent a letter to education leaders Tuesday welcoming them back to school and reminding them of their obligation to ensure schools are a safe, supportive and welcoming environment for all students....

Chalkbeat
Budget & Finance
Illinois education advocates grow more divided on Pritzker’s impending federal tax-credit program choice

Chicago school board member Angel Gutierrez came out in support of Illinois’ participation at a Thursday, Aug. 27, 2026, news conference outside South Loop Elementary School in Chicago, Illinois.

Chalkbeat
Budget & Finance
Eric Adams inked a $200 million internet deal for student Chromebooks. Mamdani is canceling it.

New York City Mayor Zohran Mamdani is canceling a $200 million initiative from his predecessor to equip hundreds of thousands of Chromebook laptops with free internet service.

The 74
Budget & Finance
Opinion: If Social Media Companies Owe Billions, Let’s Fund What Kids Need

The conversation about social media and young people has been largely about what to take away. Devices. Screen Time. Push Notifications. Agenda-driven algorithms. It’s time to start talking about what we’re prepared to...

The 74
Budget & Finance
Meta Reaches $17 Billion Settlement With States in Landmark Trial Over Teen Social Media Addiction

OAKLAND, Calif. (AP) — Meta has agreed to pay $17 billion and add stronger child-safety measures to its Facebook and Instagram platforms to end a landmark trial over teen social media addiction and...

EdSource
Budget & Finance
Meta reaches surprise $17.1B settlement in social media addiction case

Meta has reached a settlement in a lawsuit brought by states over harm to children through its social media platforms Instagram and Facebook, and has agreed to pay up to $17.1 billion, The New York Times reported. The...

The 74
Budget & Finance
Ohio Won’t Approve Weak Credentials That Students Use as ‘Shortcut’ to Graduate

Hoping to make sure high school students don’t waste time earning career credentials that won’t help them find jobs, Ohio is slashing the credentials counted towards graduation, axing easy ones that thousands of...

Chalkbeat
Budget & Finance
Should Tennessee fully fund special education pre-K programs?

Tennessee school leaders say the state is not providing adequate funding for special education pre-k classrooms, which districts are required to offer for students with disabilities as young as 3 who live in the...