Friday, September 10, 2010
Kentucky Applies For $135-M In Federal Funds
KENTUCKY...
Governor Steve Beshear announced that he has submitted the state’s application for nearly $135 million in federal money to support education and teacher hiring.
President Obama signed the Education Jobs and Medicaid Assistance Act in mid August, which includes $10 billion to support teacher hiring and retention and other educational support in the states.
Funds will flow directly to the school districts through the SEEK formula and must be used to retain, hire and rehire school personnel, including teachers. The funds may also be used to support related expenses that were in jeopardy because of funding pressures.
Gov. Beshear reminded school districts to be prudent. “I urge our schools to be cautious and conservative with these funds,” he said. “These funds will help the districts this fiscal year, but they will not be available next fiscal year, which will be more challenging than the current year from a funding perspective
Governor Steve Beshear announced that he has submitted the state’s application for nearly $135 million in federal money to support education and teacher hiring.
President Obama signed the Education Jobs and Medicaid Assistance Act in mid August, which includes $10 billion to support teacher hiring and retention and other educational support in the states.
Funds will flow directly to the school districts through the SEEK formula and must be used to retain, hire and rehire school personnel, including teachers. The funds may also be used to support related expenses that were in jeopardy because of funding pressures.
Gov. Beshear reminded school districts to be prudent. “I urge our schools to be cautious and conservative with these funds,” he said. “These funds will help the districts this fiscal year, but they will not be available next fiscal year, which will be more challenging than the current year from a funding perspective
# posted by Homer Owens @ 9:50 PM 
