By Dr. Harry Tennant
Saturday, March 19, 2011 In The News: As If Draconian State Budget Cuts Weren't Enough, They Are Triggering Federal Cuts For Some DistrictsVision and planning are good things. Austin ISD had a vision, did a tremendous amount of planning, applied for & won a federal grant of $62.3 million dollars from a "highly competitive, five-year Teacher Incentive Fund grant." Sounds great. Austin ISD had a vision to attract and retain top-notch teachers and administrators to their more challenging "east side" schools. The federal government vetted and bought into the plan. The problem is, the grant is contingent upon local money that Austin ISD had allocated before the budget slash. With looming state budget cuts of 15-25%, Austin must re-allocate those funds. Now, the feds say if the local matching funds are not there, there will be no federal funds. And...they seem to mean it. So, Austin ISD will take a State budget slash triggering a complimentary federal cut in funds. Good times for Texas school districts. Posted at 3:00 PM Keywords: In The News , Budget Cuts , Budget , Texas , Teacher Cuts , School Finance 0 Comments |