As promised, we are giving you an update of what the state and federal governments are telling us about budgets and the monies coming from the American Recovery and Reinvestment Act (ARRA) (stimulus plan) of 2009.
On March 12, an overview of what we know, what we don’t know and some of the processes was presented to Staff Advisory Council. You can read the updated document by clicking here.*
Although, we have few additional specifics for the federal money, we are staying in touch with all identified parties to stay on top of things. This includes the Department of Education and the federal government representatives, allowing us to move quickly once we have the specifics.
We know that we will get Part B monies as early as April, 2009 and October, 2009 and will be required to be spent by the end of FY2010-2011. We also know that there will be strict and comprehensive accountability reporting requirements.
We know from the Department of Education that the monies are being distributed to states within the following seven areas:
• State Fiscal Stabilization (replenish cuts at the state level)
• IDEA Part B
• IDEA Preschool
• IDEA Part C
• Educational Technology
• Title I
• Vocational Rehabilitation
On March 13, we implemented the new withholding taxes. Also, nonqualified dependents on our insurance plans were identified and information was sent to those individuals to provide information for the changes and to complete new paperwork.
You may have heard in the news that Iowa's revenue projections fell another $400 million for the current and upcoming July 1 fiscal year. At this time, we don't know what this will mean for our budget.
Other non-personnel reductions that were suggested by staff members at the last regional meeting are being reviewed and many will be implemented in the near future.
Negotiations are still in progress.
Questions and or comments can be sent to Maxine Kilcrease, Laura Gillon or Steve Prall.
*This document will also be placed on the Intranet under the Critical Communication tab.
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