This week Charlotte County Public Schools announced it had a $9.5 million dollar budget shortfall. The district said in a letter to parents that in the last month it was notified of several state and federal financial changes that will impact this upcoming fiscal year.
The district went on to outline what funds were changed including the below:
- Increased state withholdings for students using the Family Empowerment Scholarship
- Federal withholdings (Title I, Title II, Title III, Title IV, and Adult Education)
- Increased employer contributions to the Florida Retirement System (FRS)
On the state side, like for Florida’s Retirement System, there might not be any help, but on the federal side, there could be some on the way.
On Friday the US Department of Education announced the Trump administration is releasing billions of dollars in grants for schools. It ends week of uncertainty for educators around the country who relay on the money…