Education Week: Fiscal Cliff: How Are Impact-Aid Districts Preparing for Education Cuts?

Almost everyone in education is worried about the fiscal cliff—including the 8.2 percent across-the-board cut to school districts—but no program is in as precarious a position as Impact Aid, the one major K-12 program that would be cut immediately come January if Congress and the administration aren’t able to work out a long-term deal on the deficit.

Impact Aid districts get extra money from the federal government to make up for lost tax revenue due to federal land, or the cost of educating additional students that wouldn’t be in the district if it weren’t for the feds (such as the children of military personnel or students from a Native American reservation). The program is currently funded at roughly $1.27 billion.

via Fiscal Cliff: How Are Impact-Aid Districts Preparing for Education Cuts?.

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