|
| Program |
Estimated 2009-2010 |
Estimated 2010-2011 |
| |
|
|
| State Fiscal Stabilization Fund *** |
$224,649,000 |
$52,751,000 |
| Title I Grants to LEAs |
$70,868,075* |
* |
| Title I Part D Subpart 2 Delinquent |
$1,632,860
(This is included in Title I above) |
|
| Title I School Improvement Grants |
$11,377,000 |
$11,377,000 |
| Special Education – Part B Grants |
$53,435,885 |
$53,435,884 |
| Special Education – Early Childhood |
$2,248,289 |
$2,248,288 |
| Title II, Part D – Enhancing Technology |
$4,528,493 |
|
| Education for Homeless |
$460,431 |
|
| School Lunch Equipment |
$849,759 |
|
| AmeriCorps |
$630,931 |
|
| Qualified School Construction Bonds** |
$79,589,000 |
$79,589,000 |
| Qualified Zone Academy Bonds** |
$10,508,000 |
$10,508,000 |
|
*Total allocation is provided to USD’s as one amount. It is recommended that the dollars be spent equally over the 27 months; it is a district determination. (Title I, Part D, Subpart 2 funds included in $70,868,075.)
**The Qualified School Construction Bond Program is a new tax credit program created by the American Recovery and Reinvestment Act (ARRA) and provides tax credits, in lieu of interest, to lenders who issue bonds to eligible school districts.
**The Qualified Zone Academy Bond (QZAB) program allows school districts with low-income populations to save on interest costs associated with financing school renovations. The federal government covers all of the interest in the form of tax credits on these bonds.
**These are total amounts statewide which schools could issue in lease/purchase and on new construction projects. The savings to the school would be the interest they would not have to pay for these projects.
*** Based on the Governor's Budget Recommendation - January 2010
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