Politics K-12 is the place to go for news on the education provisions of the compromise stimulus bill:
The agreement would provide $53.6 billion for the state fiscal stabilization fund, including $40.6 billion to local school districts using existing funding formulas, which can be used for averting layoffs and programmatic cutbacks, and to pay for school modernization. The fund also includes $5 billion for incentive grants to be allocated by the Secretary of Education; and $8 billion to states’ high–priority needs, which may include education.
The agreement would provide $1.1 billion for Early Head Start and $1 billion for Head Start, plus $2 billion for the Child Care Development Block Grant.
It would also provide $13 billion for Title I programs for disadvantaged students and $12.2 billion for grants for special education.
And, on the higher education front, the bill would boost the maximum Pell Grant to college students by $500, for a maximum of $5,350 in 2009 and $5,550 in 2010.
. . .
The $25 million fund for charter school facilities is not included.
. . . The compromise agreement includes $250 million for state data systems, $100 million for teacher quality state grants, and $200 million for the Teacher Incentive Fund. It also has $650 million for education technology, which is less than the $1 billion provided in both the House and Senate bills. The $13 billion for Title I money includes $3 billion for school improvement grants, according to education lobbyists.
Lots of money, not much reform.
The Gadfly guys have advice for Arne Duncan on how to manage the ed stimulus money.