Application for Part 1 of Wisconsin's State Stabilization Funds Approved Today
May 5, 2009
Contact: Sandra Abrevaya|
U. S. Secretary of Education Arne Duncan today announced that more than $587 million is now available for Wisconsin under the American Recovery and Reinvestment Act (ARRA) of 2009. This funding will lay the foundation for a generation of education reform and help save hundreds of thousands of teaching jobs at risk of state and local budget cuts. Wisconsin will be eligible to apply for another $289 million this fall. Today's funding is being made available per Wisconsin's successful completion of Part 1 of the State Stabilization Application, which was made available on April 1st.
"The $587 million Wisconsin will receive today is part of the single largest boost in education funding in recent history," said Duncan. "The President's leadership and support from Congress have made this historic investment possible. Wisconsin can now utilize these funds to save jobs and lay the groundwork for a generation of education reform."
To date, Wisconsin has received more than $192 million in education stimulus fundsrepresenting a combination of funding for Title I, IDEA, Vocational Rehabilitation Grants, Independent Living Grants, Impact Aid dollars and Homeless Education Grants. On April 1st, Wisconsin received nearly $74 million in Title I funding and $112.5 million in IDEA funding. This represents 50% of the Title I and IDEA funding Wisconsin is eligible for in total. On April 1st, Wisconsin also received $5 million in Vocational Rehab funds and $900 thousand in Independent Living funds. On April 10th, Wisconsin received $415,012 in Impact Aid Funding.
In order to receive today's funds, Wisconsin provided assurances that they will collect, publish, analyze and act on basic information regarding the quality of classroom teachers, annual student improvements, college readiness, the effectiveness of state standards and assessments, progress on removing charter caps, and interventions in turning around underperforming schools.
Wisconsin is also required by the Department of Education to report the number of jobs saved through Recovery Act funding, the amount of state and local tax increases averted, and how funds are used.
See Wisconsin and other state applications for initial funding under the State Fiscal Stabilization Fund Program at http://www.ed.gov/programs/statestabilization/resources.html.
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