Tuesday, February 3, 2009

Katy ISD could receive $16 million in federal stimulus money



Katy ISD may receive an additional $16.2 million in funding over a two-year period as a part of the $825 billion plan to stimulate the national economy, according to Strategic Partnerships, Inc., (SPI) an Austin-based research and procurement consulting firm.

According to a story by Chronicle reporter Ericka Mellon:

The measure pushed by House Democrats and President Barack Obama includes more than $120 billion for K-12 and higher education -- for building repairs, technology upgrades, financial aid, plus programs to help special education and at-risk students.

Several local school districts are in line to receive funds if the bill passes. For example, the seventh-largest district in the nation, Houston ISD, could see $298.3 million; Aldine ISD ($56.4 million); Cypress-Fairbanks ISD ($36.2 million); Pasadena ISD ($43.3 million); Alief ($48.2 million) and Fort Bend ($26.3 million).

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