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What impact will the federal stimulus money have on Mead School District?

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What impact will the federal stimulus money have on Mead School District?

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While the federal stimulus money will help it will not have as large an impact as many people expected. A preliminary estimate that was published indicated that Mead was to get $2.1 million from the stimulus package. We have subsequently learned that the state will deduct 15% for administration, that it will be distributed over a period of three budget years and that it will be targeted to primarily the Title 1 and Special Education programs. In addition, it appears it will come with many “strings attached,” which could negatively affect Mead in other ways. At this time we are still trying to determine the full affect these funds may have on Mead.

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