Governor announces $672 million in recovery funding for education, stabilization
OLYMPIA, Wash. - Gov. Chris Gregoire announced Wednesday $672 million that is now available for Washington state under the under the American Recovery and Reinvestment Act (ARRA) to support education improvements.
"Access to this much needed federal funding comes at a critical time when education resources are diminishing," said Gregoire. "These stabilization funds will keep the core of our education system intact while we work to pull our economy out of recession."
Washington will be eligible to apply for another $331 million this fall. Wednesday's funding is being made available because Washington state successfully completed the first State Stabilization Application.
"With school districts and taxpayers struggling across Washington state, this funding will help teachers keep their jobs and help students get the skills they need to succeed in school and the workplace," said Sen. Patty Murray (D-WA). "We all know that education is the key to our future economic strength and that makes continued investment in our schools and students especially important when times are tough."
Washington state is administering the American Recovery and Reinvestment Act investments with an unprecedented level of transparency and accountability. Gregoire created a new Web site, www.recovery.wa.gov, so every Washingtonian can see where tax dollars are going and hold government accountable for the results. Visit the main American Recovery and Reinvestment Act here: http://www.recovery.gov/.