Speaking to the Association of Washington Businesses the other day Governor Gregoire indicated that most of Washington's share of the education money in the stimulus bill would be used to replace the cuts that she had proposed to levy equalization and I-728 money, which could have been a $1,000,000 blow to our district budget.
More recently an analysis by Schmudget puts additional credence into this theory, and gets into how the money can be spent.
This is still a very fluid situation, even with Obama's signature expected to come within the next couple of days. There's an early budget report presentation being made to the state Senate this Thursday at 4:30, and that'll be a pretty powerful signal as to where the money situation might go.
I'll keep on top of it!
--Ryan--
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