State budgets improve a little, but more pain awaits
Blog by Sean Cavanagh/Education Week
While state budgets have improved slightly over the past year, more than a dozen states so far have made mid-year cuts to K-12 education, and the fiscal outlook going forward remains grim, according to a national report released today. On the whole, financial conditions in fiscal year 2011 have gotten modestly better compared to the previous year, a 50-state survey of budget officials finds. Thirty-five states, for instance, have approved fiscal 2011 budgets with higher general fund spending than they did in 2010. Yet that spending still remains below 2008 levels. And state number-crunchers are also bracing for a "significant wind down" of federal stimulus dollars, which could force more spending cuts to education and other programs, the authors note. "States still face very tight fiscal conditions and will be forced to make numerous, difficult spending decisions," the report says, and policymakers will cope with "the perpetuation of challenging fiscal conditions for fiscal 2012 and beyond." (more…)