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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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Budget & Finance
California Allocates Dedicated Funding to Identify Homeless Students

California’s latest budget includes $116 million over three years to help schools identify and support students experiencing homelessness — the first time the state has dedicated funding specifically for this purpose....

Chalkbeat
Budget & Finance
More than $1.6 million raised in Chicago school board election, as contribution caps are lifted in race for board president

Candidates vying for a spot on Chicago's first fully-elected school board line up to file paperwork to get on the ballot. More than $1.6 million in campaign contributions have gone to school board candidates between...

Chalkbeat
Budget & Finance
Council approves $10k perk for public school paraprofessionals

Speaker Julie Menin and Council Members rally on Thursday with UFT in support of Emergency Retention Funding for Paraprofessionals.

Chalkbeat
Budget & Finance
Chicago Public Schools releases $9.88 billion 2026-27 budget amid deepening financial strain

Middle school algebra teacher Manuel Sanchez, at Edwards Elementary in Chicago, I.L. on Mar. 12, 2025. The 2026-27 budget Chicago Public Schools unveiled on Wednesday will decrease the number of general education...

Education Dive
Budget & Finance
S&P: Despite enrollment gains, margins have worsened at colleges

The credit ratings agency found increases in median headcounts across colleges it rates, but also weakening operating margins in fiscal 2025.

Chalkbeat
Budget & Finance
The high cost of low pay: How NYC’s paraprofessional shortage leaves students with disabilities stranded

Members of Parents to Improve School Transportation at a Panel for Educational Policy meeting where they called for transportation improvements. The meeting was held at Queens' Francis Lewis High School on Sept. 25,...

The 74
Budget & Finance
Indiana Sets Standards for 4-Day School Week Waivers

Indiana K-12 schools must meet new standards before seeking approval to implement a four-day school week. The model, once favored by rural schools due to a shortage of bus drivers, is spreading nationwide to urban and...

Education Dive
Budget & Finance
Penn State, Temple and Pitt get boost from new performance-based funding

A new $10 million pool of performance-based funds adds money to long-stagnant appropriations but falls short of higher education leaders’ hopes.

The 74
Budget & Finance
Opinion: Illinois District Shows What Can be Done about PTA Fundraising Inequities

Too often, parents take for granted that their children’s school experience is fundamentally the same as what’s happening in all the district’s schools. It turns out that is often far from reality. And some differences...

Chalkbeat
Budget & Finance
NYC expands high-demand special education programs into preschool for the first time

New York City will add 250 preschool seats in popular special education programs as part of a $67.5 million plan aimed at serving more children with disabilities, Mayor Zohran Mamdani announced Tuesday.

Chalkbeat
Budget & Finance
From the Bronx to the Battery, more funding for free swim lessons

Opening day at Manhattan's Thomas Jefferson Pool, one of the city's public pools, on June 27. NYC is expanding its free swim lessons for second graders.

District Admin
Budget & Finance
CPS lays off 162 employees as it works to close $732 million budget deficit

On Tuesday morning, members of the Chicago Teachers Union blamed some of the cuts on a chronic problem with property taxes. The post CPS lays off 162 employees as it works to close $732 million budget deficit appeared...

Chalkbeat
Budget & Finance
This Memphis charter school cut chronic absenteeism to only 3 students. Here’s how.

High chronic absenteeism is one of six factors that spurred the state takeover of Memphis-Shelby County Schools.

Education Dive
Budget & Finance
University of Nebraska System braces for unexpected $36M state funding cut

“There are limits to what can be achieved through continued reductions,” the system’s president said as ever-deepening austerity measures loom.

The 74
Budget & Finance
Maine, 14 Other States Sue Trump Administration to Block School Mental Health Funding Cuts

Maine joined 15 states on Friday in suing the Trump administration to prevent millions of dollars in cuts to school-based mental health funding. The new lawsuit is part of an ongoing legal battle between Democratic-led...

Chalkbeat
Budget & Finance
Pennsylvania state budget includes $157 million more for Philadelphia’s schools

Pennsylvania Gov. Josh Shapiro signed the state's 2026-27 budget on Sunday, which includes $157 million more for Philadelphia’s schools.

The 74
Budget & Finance
5 Key Education Stories This Week: Future of College, ‘Rehumaning’ School & More

Here at The 74, we publish and syndicate more than 30 articles a week about how America’s education system is evolving in a bid to better serve its 74 million children. But with so much happening and changing every day,...

District Admin
Budget & Finance
LAUSD placed on increased fiscal oversight with warning of looming financial troubles

The county education office cited the cost of recently approved employee contracts as well as ongoing structural deficits and declining enrollment. The post LAUSD placed on increased fiscal oversight with warning of...

Education Dive
Budget & Finance
Temple University lays off 40 employees as it tackles deficit

The public Philadelphia institution is reducing its workforce for the second year in a row but has seen promising enrollment gains of late.

The 74
Budget & Finance
Market Share Continues to Hold Steady for NC Public Schools

Public schools continued to serve more than 1.5 million students across North Carolina in the 2025-26 school year — or about 84% of market share, a percentage that is about the same as previous years. Market share is a...

Chalkbeat
Budget & Finance
Johnson-aligned Chicago school board members continue push for more funding from Springfield

Jitu Brown, elected member of the Chicago Board of Education, speaks at a press conference to urge Gov. JB Pritzker to call a special session in Springfield for more education funding.

Chalkbeat
Budget & Finance
Tennessee releases final results of Memphis schools forensic audit

Results from the yearlong probe into MSCS' finances and operations come less than a month before the first day of classes.

District Admin
Budget & Finance
Feds approve Arkansas’ request for flexibility in spending U.S. education funds

The U.S. Department of Education OKs Arkansas’ requests to consolidate federal funding and reduce the amount of paperwork and red tape required of school administrators. The post Feds approve Arkansas’ request for...

Chalkbeat
Budget & Finance
Chicago cut funding for assistant principals in small schools. Most chose to keep them anyway.

Alexandra Dakessian, the assistant principal at McCutcheon Elementary School in Chicago. Due to budget cuts, her position was eliminated, but her school used discretionary money to keep herl.

Chalkbeat
Budget & Finance
$135 million tax increase pitched as a solution for Jeffco Public Schools’ budget gap

Second graders start their day at Deane Elementary School in Lakewood in August 2022. Jeffco Public Schools could ask voters in November for a tax increase to pay for teacher salaries and more.

The 74
Budget & Finance
Taylor Swift and Travis Kelce Give Dolly Parton Charity $2 Million

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...

District Admin
Budget & Finance
‘Wasteful and extravagant’: Here’s what Utah auditors found digging into the first year of school voucher spending

A $6,000 Apple MacBook Pro. A $4,800 Trek mountain bike. A $2,000 Crate & Barrel bookshelf. Families bought all of this—and more—with taxpayer dollars through Utah’s school voucher program during the 2024-25 school...

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.