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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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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...

District Admin
Budget & Finance
When is suspending students discrimination? Education Dept. renews an old fight

The department's Office for Civil Rights (OCR) issued new federal guidance warning school leaders that they should not consider a student's race in discipline matters or they would risk being investigated. The post When...

Chalkbeat
Budget & Finance
Chicago’s first day of school brings excitement and concerns about possible budget cuts

Carter Darling, 11, walks to Robert A. Black Magnet Elementary School on the first day of school on Aug. 24, 2026.

Budget & Finance
Education Department proposal would make it easier to end grants

The move would give the agency broad authority to end grants, including “for convenience,” after such approaches have led to legal disputes.

District Admin
Budget & Finance
Trump’s school voucher program could become a public school cash machine

Starting next year, taxpayers can earmark up to $1,700 to not only help families pay private schools, but also to support some services at public schools. The post Trump’s school voucher program could become a public...

EdSource
Budget & Finance
How much has California expanded arts education?

California schools have hired thousands of arts teachers since voters in 2022 passed Prop. 28, which expanded arts education funding. Many schools, however, have yet to fully spend their arts funds.

EdSource
Budget & Finance
How much has California expanded arts education?

California schools have hired thousands of arts teachers since voters in 2022 passed Prop. 28, which expanded arts education funding. Many schools, however, have yet to fully spend their arts funds.

Budget & Finance
University of Houston slashes 40% of courses from its core curriculum

The Texas institution cut about 100 classes, including in women’s and LGBT studies, to comply with a state law mandating general education reviews.

The 74
Budget & Finance
Missouri Education Board Wary of $300 Million School Funding Increase

Missouri education officials are preparing to ask lawmakers for roughly $300 million more for public schools next year, setting up a potentially difficult budget fight as the state faces a projected revenue shortfall....

Education Dive
Budget & Finance
Colleges made deep staff cuts while adding tenure-track faculty last year

The latest survey of higher education employees from CUPA-HR found the biggest spike in tenure-track professors since at least 2016.