Funding Our Future: Creative Financing Boosts School Construction

The Great Recession has left deep marks on the nation’s school system. According to the Center on Budget and Policy Priorities, elementary and high schools in at least 37 states are receiving less state funding this year compared to 2011. In at least 30 states, school funding now stands below 2008 levels — often far below. Limited federal fiscal aid and reduced state revenues are the main reasons for these drastic spending cuts.

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