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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
NYC Budget Gives Every Public School Kindergartner $1,000 for College, Restores Education Programs

New York City public school kindergartners will automatically receive $1,000 for college expenses, up from $100, under a budget deal announced Tuesday between Mayor Zohran Mamdani and the City Council. The budget also...

The 74
Budget & Finance
Newsom’s Final Education Budget, by the Numbers

In his eighth and final budget, the tax gods continued to smile upon Gov. Gavin Newsom, enabling him to cement funding for signature programs he started while salving grumbling districts that are wincing over the...

The 74
Budget & Finance
New Jersey Invests Record Money in Preschool, But Serving Multilingual Learners is Another Story

Peter Rosario has spent years watching his teachers help Spanish-speaking preschoolers sound out English words at La Casa de Don Pedro, a Newark-based nonprofit organization that offers support for immigrant families...

Budget & Finance
Week in review: Cuts at Johns Hopkins, PennWest and St. Louis University

We’re rounding up recent stories, from two states teaming up to create three-year bachelor’s degrees to policy and leadership developments out of Florida.

The 74
Budget & Finance
California School Libraries Blindsided by ‘Catastrophic’ Budget Cut

This story was originally published by CalMatters. Sign up for their newsletters. California librarians were stunned when a last-minute budget change stripped K-12 schools of a trove of research materials, potentially...

Chalkbeat
Budget & Finance
Michigan lawmakers OK increased student funding and investments in literacy

The Michigan Legislature on Friday approved a $22.9 billion education budget that includes increased funding for students, particularly those with the greatest needs.

Education Dive
Budget & Finance
Education groups sue for access to nearly $2B in research funds

A lawsuit alleges the U.S. Department of Education and the Office of Management and Budget are withholding the funds unlawfully.

Chalkbeat
Budget & Finance
Philadelphia audit finds school district owes former employees $2.8 million

A new audit from the city controller found the district owes former employees $2.8 million and had lost track of several expensive pieces of equipment.

Education Dive
Budget & Finance
‘Professional degree’ list is expanded. But education still didn’t make the cut.

The designation comes with an increased federal student loan cap of $200,000 for graduate programs.

Education Dive
Budget & Finance
Florida state board bans undocumented students from college system

One analysis estimates that the policy could cost the 28-institution system $15 million a year in lost tuition and fee revenue. 

Chalkbeat
Budget & Finance
Colorado receives funding to bring back the FAFSA completion tracker

A Colorado grant will help restore a statewide FAFSA tool.

The 74
Budget & Finance
Trump Wanted To Cut Ed Department Into Irrelevancy. New Report Shows How He Did It

The U.S. Department of Education may no longer be able to fully support students, it says in an internal report that lays bare the full extent of the Trump Administration’s first round of government cuts. The department...

District Admin
Budget & Finance
Education Dept. threatens to cut funds for Kansas school district over transgender policies

The Education Department alleged that Kansas City, Kansas Public Schools' policy not to disclose a student's transgender status ​even to parents violated the Family Educational Rights ⁠and Privacy Act. The post...

Chalkbeat
Budget & Finance
Why a new federal school choice program may require a massive marketing budget

The Browning School, a college preparatory school for boys, sits in Manhattan, New York City. A new federal school choice program could help students pay tuition at private schools, though taypayers will first need to...

Chalkbeat
Budget & Finance
Here’s how education spending is affecting Pennsylvania’s state budget negotiations

Pennsylvania Gov. Josh Shapiro’s proposed budget would increase public school funding statewide by more than $660 million, but lawmakers are still negotiating the final budget.

Chalkbeat
Budget & Finance
NYC budget gives every public school kindergartner $1,000 for college, restores education programs

Mayor Zohran Mamdani and Council Speaker Julie Menin announce a handshake agreement on the city's $125.8 billion budget. The deal boosts college savings accounts for all public school kindergartners and restores a slew...

District Admin
Budget & Finance
Across West Virginia, public schools are closing. Communities are feeling the loss.

Across West Virginia, public schools are rapidly closing. Political leaders are cutting taxes and funneling hundreds of millions of taxpayer money into a school voucher program, while wringing their hands about local...

District Admin
Budget & Finance
New law allows NH voters to veto school administrator pay increases

The state's school administrative units will soon be required to craft their own budgets and voters will be empowered to vote down those budgets, under a law that Republicans hope will help drive down K12 costs. The...

The 74
Budget & Finance
Alaska Districts Close 12 Schools This Year, Amid Severe Budget Cuts

Alaska saw an unprecedented wave of school closures this year. District officials grappling with severe budget shortfalls have opted to close 12 elementary and middle schools across the state — in Anchorage, Wasilla,...

District Admin
Budget & Finance
Ohio public school districts face teacher shortages amid reduced state funding, budget woes

Educators and advocates woory that reduced public school funding and a lack of resources has taken its toll already. But there is hope that opportunities exist, if the state can get behind them. The post Ohio public...

Education Dive
Budget & Finance
Land-grant universities eligible for USDA, Ed Dept funds to improve agricultural research facilities

The two federal agencies are offering eligible institutions up to $30 million for property improvements — but the money requires a one-to-one match.

The 74
Budget & Finance
Connecticut Schools Double Down on Early Detection to Help Reading Scores

The first step to solving a reading delay is knowing it exists. Decades of research have found that all children learn to read by developing the same core skills. This applies to children with dyslexia, English language...

Chalkbeat
Budget & Finance
Trump administration gives Jeffco 10 days to change policies or risk losing federal funding

The Trump administration found that several Jeffco Public Schools policies, including its policy on sports participation, violated the federal Title IX sex discrimination law.

The 74
Budget & Finance
Rural Areas of Indiana Have Few School Options

Indiana’s school choice program leaves its nearly 300,000 rural public school students with fewer options and fewer resources while funding the private education of others. More than one in four Indiana school students,...

District Admin
Budget & Finance
Houston ISD board unanimously approves controversial Bible-infused curriculum

Adopting the state-approved Bluebonnet Learning curriculum for elementary students will come with a funding boost of more than $3 million for the district, which also approved a $2 billion operating budget on...

Chalkbeat
Budget & Finance
Hochul delays plan to tighten childcare voucher rules, averting shockwaves for thousands of NYC families

More than 100,000 New York City kids receive a state-funded childcare voucher. Gov. Kathy Hochul is pausing enforcement of a rule that would allow city parents to use a voucher only when they're working or in school.

Chalkbeat
Budget & Finance
Chicago school board adopts legislative agenda calling for more funding — after state lawmakers adjourn

The Chicago Board of Education passed a legislative agenda about a month after state lawmakers adjourned for the summer.

District Admin
Budget & Finance
100 years ago, students across took the first SAT. Where is it headed now?

Higher education has been inching away from entrance exams. Less than 10% of U.S. institutions that grant bachelor’s degrees require a score from the SAT, or its fellow ACT test, for the fall 2026 admissions cycle. The...

Education Dive
Budget & Finance
Private colleges grew revenue last year — but not by enough, Fitch says

Costs, competition and ‘adversarial federal policy’ are weighing heavily on private colleges, according to analysts with the credit ratings agency.

The 74
Budget & Finance
Iowa Audit Analyzes Impact of State’s Education Savings Account Program

Nearly 79% of students who used Iowa’s funding program for K-12 private schools were “already projected” to attend private schools, according to a report released Wednesday by Iowa Auditor Rob Sand.  Iowa...