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Federal cuts force Impact Aid districts to cut staff, close schools

from Education Week

It's been almost five months since Congress slashed education spending through across-the-board cuts known as "sequestration," which were intended to force a still completely elusive, long-term bipartisan budget deficit-reduction deal. The school districts that became the poster children for these cuts? The ones that get money from the $1.2 billion Impact Aid program, which helps districts that have a big federal presence (such as a military base or an American Indian reservation nearby) make up for lost tax revenue. About 1,200 districts receive those funds, and a small handful rely on them heavily. more

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