News & Legislation
The week that started with Black Monday for the stock market moves to Red Thursday for schools today. Today is the day that schools should receive more than $1 billion in state subsidy payments for Basic Education Funding, transportation payments and employee benefit reimbursements appropriated in the new state budget. However, the state budget impasse has prevented this state funding from flowing, creating financial uncertainty for school districts across the commonwealth.
PASBO has partnered with Forecast5 Analytics to introduce a suite of software products that can help schools in Pennsylvania analyze and compare expenditures, student performance, long-term budget projections and other important instructional and finance metrics. The Forecast5 products allow benchmarking of data on a local, regional and statewide basis.
Join the next monthly Twitter chat with Pennsylvania’s major education leadership organizations on Tuesday, August 25 at 8 p.m. to discuss the new school year and the status of basic education funding in our state.