E. Grand schools get federal jobs funds
The East Grand School District has $268,564 coming to it through the Education Jobs Fund program recently signed into law.
The federal program provides $10 billion in assistance to states to save or create education jobs for the 2010-2011 school year.
Based on population numbers, the state of Colorado is receiving $160 million of that money. Colorado plans to distribute the funds to school districts that swallowed state withholdings in school funding in the 2009-10 school year.
For East Grand School District, that means out of the 6.5 percent the state took back, 2.9 percent of East Grand’s share of the original rescission will be returned to the district.
But for West Grand School District, the amount returned is zero. That is because West Grand was one of six districts that year that was funded entirely from local property-tax income.
East Grand officials are in “wait and see” mode in regards to what they plan to do with the federal money, according to Superintendent Nancy Karas.
Decisions about how the money will support local education jobs depend on the outcome of tax-slash measures in the November ballot. Officials also want to see how enrollment numbers play out at the beginning of October, which dictates how much state funding the district will receive.
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