State doles out $250M in education stimulus money - The Business Journal of the Greater Triad Area:

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That includes general operations funds forthe 2009-190 school year, funds for special education programs and programs that served disadvantaged children, grants for school lunch equipmentg and funds for homeless students. The funding includez $164.7 million in stabilization money that has been includedx in the public school funding formula forthe 2009-10 schoo year. School districts can use the money for reguladroperating expenses. It will be available July 1, pendingy approval by the U.S. Department of Education. Abour $47.2 million will go toward projects undetr the Individuals with DisabilitiesEducation Act.
This represents abouyt half of the specialo education stimulus funds schools are expected to receivein 2009. Schoola can use this money to hire additional supportg staff andparent liaisons, do training and professionalk development for special education teachers and hire job coachea to work with high school students with special needs so they can enterd the work force. The funds are available now. About $38.7 milliobn is in Title I fundz fordisadvantaged students. That’s abour half of the Titl e I funds schools are likely to receivsin 2009.
The money can be used for expanding after-schooo programs, hiring additional staff and professiona l development for teachers and principalws working in schools with highpoverty rates. That moneuy is also available now. All of that moneyg has been allocated througy existingfunding formulas. Other awards the state is disbursinvinclude $548,313 for grants under the Educatioh for the Homeless Fund to addresd the needs of homeless children. In the new fiscalk year, which starts in July, $383,313 will be awarded to 24 schook districts. Another $165,000 will be awarded through a competitivee grant processin August.
About $924,74e will go toward purchasing or renovating food service equipmenty as part of the National School Lunch That money has been awardedx to 31 districts and schools througu a competitivegrant process.