Posts Tagged: stimulus funds

Walking Wounded: Education Budgets Taking Shape Across NE

Governors, Legislators Seek Concessions From Labor Deep Cuts Applied to Higher Education and Scholarship Programs K-12 Treading Water After Losing Stimulus Funds Connecticut Gov. Dannel Malloy’s two-year plan to deal with a $3.2 billion deficit (in the first year alone) relies on significant concessions from labor to the tune of $1.5 billion. Unions gave Malloy strong support in his race...

Small Revenue Gains in NE States Not Enough to Stanch Ed Bleeding

The good news is that the New England states are showing slight gains in revenue collections. The bad news is that it will not be enough to stave off a new round of budget cuts for the coming fiscal years. States are preparing budgets for FY12 and FY13 while addressing shortfalls in FY11 budgets. Most states have spent stimulus funds to avoid massive layoffs in K-12 districts and higher education....