Sequestration Not Factored Into Summit School District 2013-14 Budget
If Congress fails to halt sequestration spending cuts, funding for education in the Garden State would be cut by close to $30 million.
Superintendent of Schools Nathan Parker said the Summit Board of Education has not included the potential impact of federally proposed sequestration spending cuts in the proposed 2013-14 operating budget. Funding for education in New Jersey would be slashed by nearly $30 million and drastic cuts made to health care programs and environmental protection should Congress fail to halt $85 billion in "sequestration" spending cuts scheduled to take hold today, Mar. 1, the White House said Sunday. Thursday afternoon, state aid figures for school districts were announced and Summit School District is not projected to receive any additional aid. The district is slated to receive $1,525,733, the same amount of aid allocated last year. During the Mar…
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jeff goldstein
9:06 pm on Friday, March 1, 2013
This article makes no sense. It never says if Summit even receives any federal school aid. We probably don't. Sequestration isn't a real cut in spending. It is just a cut in the projected sending increase. Federal spending still increases.I am sure there are better ways to cut government spending but this is the only likely spending cut we will see while Obama is President. more ›