Do not be lulled into the mistaken idea that schools have been protected from cuts by the state budget solutions adopted last month.
School districts prefer late payments to budget cuts but some districts will bear a larger burden, and it may be years before deferrals are paid off.
Gov. Newsom would cut $6.4 billion in school funding if Congress doesn’t deliver more stimulus aid. The Legislature would issue more IOUs to schools instead.
Both Gov. Gavin Newsom and legislative leaders are betting Congress will deliver tens of billions more in aid to states.
The coronavirus and the recession could be a double whammy for schools, and tools to minimize the damage will be limited, warns consultant.