Trends in the News Archive - Page 36 of 53

Trends in the News

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School Administrator, 12/1/17

Coming soon: Transparent school-by-school spending

By Marguerite Roza and Carrie Stewart

Districts of all stripes likely will feel a big impact from a small provision on financial transparency tucked in the federal Every Student Succeeds Act. Starting in the 2018-19 school year, the provision promises to illuminate school-level financial data that could raise thorny questions for communities across the country around who gets what resources and why. School district leaders might want to prepare now for this reality.

Federal Education Funding Funding Equity

Education Week, 11/27/17

Tax bills’ changes to debt could shrink school spending, education officials say

A provision of the House and Senate tax bills could increase how much schools pay for long-term debt, and subsequently shrink resources for students and teachers. That’s the view of the Association of School Business Officials International, which represents officials who oversee budgets, capital costs, and maintenance in K-12 and in higher education. Their beef is that the bill would no longer allow districts to get a tax exemption for certain bonds that helps them pay off outstanding debt at lower interest rates.

Federal Education Funding

NewCo Shift, 11/14/17

Why aren’t foundations actually helping their grantees like VCs?

Venture Capital firms don’t invest in industries to disrupt — they invest in industry disruptors, and many now support them operationally. Foundations should consider following suit.

Alternative Education Models and Funding Mechanisms

Las Vegas Review-Journal, 11/20/17

Nevada officials admit funding mistakes hurt school districts

Now the department is acknowledging that it erred in two calculations that financially affected school districts statewide — one on how much to reimburse for full-day kindergarten programs and another in how much it would pay districts for online charter school students.

Local Education Funding State Education Funding

Education Week, 11/22/17

South Carolina Supreme Court ends funding oversight

South Carolina’s supreme court late last week quietly put an end to a 24-year battle with the state’s legislature over how it funds its most rural school districts.

State Education Funding

Detroit Free Press, 11/26/17

Study: Michigan special education is underfunded by $700M

“Because special education services must be funded regardless of whether there is sufficient state or federal funding to cover the costs in their entirety, the dollars needed to cover the shortfall actually come from the general operating budgets of schools,” the report says. And that means a shortfall of $459 for every pupil in the state.

Funding Equity Local Education Funding State Education Funding

Reuters, 11/16/17

Chicago schools sell $1 billion bonds with lower market penalty

The junk-rated Chicago Board of Education completed an up-sized bond sale on Thursday with a pricing that indicated an easing in the municipal market penalty the district has been forced to pay due to its deep financial problems.

Facility Planning Local Education Funding

Philly Voice, 11/16/17

Philly to take control of its schools after SRC votes to disband

Although the School Reform Commission (SRC) resolution to disband states that the district is no longer in distress, the district is projected to face a $1 billion deficit over the next five years. Mayor Kenney pledged earlier this month that he would cover a large chunk of the deficit.

Local Education Funding

Education Week, 11/20/17

ESSA pushes state schools chiefs to scrap business as usual

One big challenge: Budget cuts in recent years have left large swaths of state education departments squeezed on the capacity to carry out the training, data collecting, and innovation necessary to fully exploit that flexibility.

Federal Education Funding

Des Moines Register, 11/16/17

How Iowa schools could rethink teacher pay, shore up school budgets

Instead, teacher raises would be based on a percentage of their current salary and their educational attainment, with higher percentages given to teachers with graduate credits or degrees. It would also allow districts to base raises on how much state funding is available, instead of negotiating wages before state funding is set, Shepherd said. During tough financial times, districts would have the flexibility to lower pay raises, potentially staving off program cuts or staff layoffs.

State Education Funding