Schools upset over ‘CARES Act Swap’

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Albuquerque Journal

Jun 25, 12:00 AM

Schools upset over ‘CARES Act Swap’

A section of a budget solvency bill aimed at absorbing a revenue drop caused by the coronavirus pandemic and plummeting oil prices would reduce the appropriation to the school funding formula by about $45 million to reflect federal stimulus dollars received by school districts.

Tags: school funding

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