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Budget & Finance

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

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District Admin
Budget & Finance
Colorado schools avoid budget squeeze while voters decide future of education funding

Lawmakers have regularly balanced the state budget “on the backs of students,” public schools advocates have argued. This year, legislators took a different approach. The post Colorado schools avoid budget squeeze while...

Education Dive
Budget & Finance
California Senate passes bill that would create $12B in state research funding

If enacted, the measure would establish a foundation focused on funding research areas where the federal government has cut.

Chalkbeat
Budget & Finance
From 19 to 55 cents: IPEC hears options for a possible tax increase

The Indianapolis Public Education Corporation had its second meeting on May 28 at VisionLoft in Indianapolis. The meeting largely focused on a discussion about a possible referendum in November.

Chalkbeat
Budget & Finance
School budgets are under pressure nationwide. Here’s what’s driving the cuts.

Students head to class at Miguel Contreras Learning Complex in Los Angeles. Public school enrollment in Los Angeles has been on a decade-long decline, leading to difficult budget choices for leaders.

Willamette Week
Budget & Finance
Portland Public Schools Faces $56 Million Budget Deficit as Superintendent Proposes 336 Layoffs

Superintendent Kimberlee Armstrong presented a budget that would eliminate 336 positions across the district. The $56.3 million shortfall grew from an earlier projection of $50 million, and officials expect a $65 million deficit in 2027-28.

Billy Penn
Budget & Finance
Philadelphia City Council and School District Clash Over Plan to Close 17 Schools

City Council members are pushing back against the superintendent's proposal to close 17 schools, part of a broader effort to address the district's $300 million structural deficit. Community members want more input before closures are finalized.