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You are here: Home Newsroom Education News Roundup Archive 2009 November 2009 Stimulus funding reports pose puzzle for watchdogs

Stimulus funding reports pose puzzle for watchdogs

  • 11-10-2009
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By Michele McNeil/Education Week (subscription required)

Even as the Obama administration tries to make good on promises of unprecedented transparency and accountability in economic-stimulus funding, the first reports from states and school districts show the difficulty of figuring out—in detail—how the money for education has been spent. In the broadest sense, the quarterly stimulus reports made public Oct. 30 provide a first glimpse at how states are spending some $100 billion in education aid under the program. The biggest chunk of the $14 billion in such aid spent by states and districts so far has been focused on creating and saving jobs, about 335,000 of them through Sept. 30, according to the repo rts. Only about $600 million in education funds had been used for other purposes, such as payments to companies for purchases, or outside staff. (more...)

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