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State Fiscal Stabilization Fund - Education
Funds to Nebraska: $233,955,926*
| The ARRA includes additional funding for education to help States restore K-12 school funding to the greater of fiscal year 2008 or 2009 levels. It also authorizes the use of these funds "to allow existing State formula increases to support elementary and secondary education for fiscal years 2010 and 2011 to be implemented..." Where public institutions of higher education experienced recent budget cuts, these stabilization funds may also be used to restore State funding to the greater of fiscal year 2008 or 2009 support. |
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Method of Funding
Formula Grant |
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Distribution
According to the ARRA, the State Fiscal Stabilization Fund (SFSF) for education is to be used first for distribution through the state's primary elementary and secondary education funding formula. Remaining funds shall next be distributed to public institutions of higher education, and lastly to K-12 schools on the basis of their relative shares of funding under Title I of the Elementary and Secondary Education Act of 1965.
Pursuant to appropriations by the Nebraska Legislature (Laws 2009, LB 315, Section 49), all SFSF - Education funds have been allocated to K-12 schools through the state’s school finance formula. |
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Primary Recipients
State of Nebraska
Sub Recipients
Public K-12 schools
[Link to Nebraska school district allocations] |
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Requirements |
| Timeline: Funds may be used in state fiscal years 2009, 2010, and 2011 and must be committed within 2 years of receipt. |
Restrictions: The Governor must submit an application to the U.S. Secretary of Education, which must include a description of how the the funds will be used as well as assurances that the State will:
- maintain support for K-12 and higher education at least at the fiscal year 2006 level.
- take actions to improve the distribution of highly qualified teachers among high- and low-poverty schools.
- establish a longitudinal data system on student achievement pre-kindergarten through higher education.
- enhance academic assessments and take steps to improve student academic achievement standards.
- ensure compliance with corrective action requirements for struggling schools.
In general, funds may be used for any activity authorized by the:
- Elementary and Secondary Education Act of 1965 (20 U.S.C.6301 et seq.) (''ESEA'')
- Individuals with Disabilities Education Act (20 U.S.C. 1400 et seq.) (''IDEA'')
- Adult and Family Literacy Act (20 U.S.C. 1400 et seq.)
- Carl D. Perkins Career and Technical Education Act of 2006 (20 U.S.C. 2301 et seq.) (''Perkins Act'')
Funds may not be used for:
- payment of maintenance costs;
- stadiums or other facilities primarily used for athletic contests or exhibitions or other events for which admission
is charged to the general public;
- purchase or upgrade of vehicles; or
- improvement of stand-alone facilities whose purpose is not the education of children, including central office administration or operations or logistical support facilities.
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| Recipient's matching funds requirement: None |
| Recipient's administrative allowance: None |
| Other characteristics: After receiving funds, the Governor must annually report how the funds were used, the number of jobs that the Governor estimates were saved or created due to the availability of the funds, tax increases that were averted, the state's progress in addressing the assurances listed above, tuition and fee increases of higher education institutions and actions taken to limit those increases, and the extent to which higher education institutions maintained enrollment of in-state students. |
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*Dollar values displayed on this website are primarily derived from information from the administering federal agencies. Estimates of projected federal distributions are used when the federal guidance or grant awards are still pending. Amounts are rounded to the nearest million. |
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