Administration Releases Education Stimulus Funding and Guidance

Recently the U.S. Department of Education announced that $44 billion for states and schools is now available under the American Recovery and Reinvestment Act (ARRA).  More information on from this agency and others is available on AGC's Stimulus at Work Web site, www.agc.org/stimulus.  The funding announced by the Department of Education includes $32.6 billion under the State Fiscal Stabilization Fund, which is two-thirds of the total dollars in the fund.  The remaining funds will be released later in the year.  A state-by-state breakdown on this initial release of funds can be found here.  Detailed information on education funding in the stimulus package can be found here.   Details on stimulus funding for school construction, modernization, renovation and repair can be found in Section V (pages 33-37) of the Department of Education's "Guidance on the State Fiscal Stabilization Fund Program."  The Department's "School Modernization" page can be found here. For more information contact Mike Stark at starkm@agc.org or (703) 837-5365.