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Kentucky getting more federal stimulus money to help schools

LOUISVILLE, Ky. (AP) - The U.S. Department of Education has
approved another $176 million in federal stimulus money for
Kentucky that officials say will save teachers' jobs in the coming
year.
Kentucky Education Commissioner Terry Holliday says that without
the money, they would have laid off many teachers.
The money means Kentucky has now been allocated more than $1
billion in education funding from the American Recovery and
Reinvestment Act.
Holliday says state officials had budgeted in anticipation of
the latest funds for the coming fiscal year.
The new funding will be earmarked for fiscal stabilization, a
category that has enabled school districts to keep teacher jobs.
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Information from: The Courier-Journal,
http://www.courier-journal.com

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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