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2007-2009 Legislative Education Stimulus Action

The Legislature is using $115.4 million in federal stabilization funds for K-12 but it is all in the State School Fund.  Here's the breakdown of school funding, by fund source and by "program".

 
K-12 Funding from the State:
General Fund                                        $5,346,457,708
Lottery Funds                                          $667,412,210
Other Funds (state timber and kicker)           $3,247,438
Federal Stabilization Funds                 $115,360,098
TOTAL                                                   $6,132,477,454
 
By "Program":
State School Fund                                 $5,829,273,076
School Improvement Fund                        $251,412,132
Local Option Equal. Grants                              $792,246
School Day Restoration Fund                      $51,000,000
TOTAL                                                 $6,132,477,454
 
 
The School Improvement Fund, the local option grants, and the School Day Restoration Fund are funded entirely with state General Fund.
 
The State School Fund of $5,829,273,076 is made up of the following fund sources:
General Fund                                        $5,043,253,330
Lottery Funds                                          $667,412,210
Other Funds                                                $3,247,438
Federal Stabilization Funds                 $115,360,098
TOTAL                                                  $5,829,273,076