Over one year after the United States Congress passed the “American Rescue Plan,” the vast majority of school districts that were awarded relief funds have spent less than ten percent of that money.
According to the Washington Free Beacon, approximately $122 billion of the overall $1.9 trillion bill was designated for school districts that were determined to be in distress and in need of relief funds. But of that $122 billion, only about 7 percent has been spent in total across all the school districts nationwide that received some handouts.
Numerous states have seen their state revenue surge in 2021 fueled by a robust stock market, growing income, federal aid, and increased tax revenue, The Wall Street Journal reported.
States’ revenue soared 24% between April and November from 2020 to 2021, according to a survey conducted by the Urban Institute think tank, the WSJ reported. Thirty-two states said the revenue collected in the fiscal year ending in 2022 was ahead of expectations, according to data from the National Association of State Budget Officers obtained by the WSJ.
Out of dozens of lines showing millions of dollars for Missouri’s supplemental budget, one sticks out in House Bill 3014.
There are 25 lines, each representing a department or office in Missouri government, requesting a 5.5% cost of living adjustment for all state employees. Gov. Mike Parson announced the increases and a base pay of $15 per hour in December.
This week’s Golden Horseshoe Award goes to the U.S. Department of Education for approving pandemic relief spending plans by school districts that include millions for upgrading athletic facilities, installing security cameras, purchasing floor shiners and other non-pandemic related projects.
Approximately $190 billion in pandemic funding under both the Trump and Biden administrations was allocated to schools to safely reopen and protect teachers and students.