Rising Title I Funding Provides Opportunities to Schools & Vendors
STAMFORD, Conn., April 16, 2018 /PRNewswire/ -- Title I, the cornerstone of the federal government's efforts to improve educational opportunities for disadvantaged students, will receive $15.76 billion in fiscal 2018, up 1.9% from fiscal year 2017.
"Through the No Child Left Behind Act era and into the time of the Every Student Succeeds Act, schools have shared a growing pot of money from Title I, the largest elementary and secondary education program that funds support for low-achieving children especially in high-poverty schools," said Karen Meaney, a senior analyst in Simba Information's Education Group and primary author of that group's new report PreK-12 Budget & Policy Outlook, 2018-2019.
The report tracks federal and state policy and budget developments, including how funding for Title I ranged between $13.9 billion and $15.38 billion from 2008 to 2017, with the exception of the sequester year of 2013 when funding dipped to $13.76 billion.
PreK-12 Budget & Policy Outlook, 2018-2019 also provides information about how the 50 school districts that receive the largest Title I allocations are awarded more than one-fourth of the total funding. In fact, the top three recipients?New York City, Los Angeles and Chicago?get close to 10% of the total funding.
Title I is an area of interest to educational publishers because, although the program is used mainly to pay educator salaries, schools also spend the funds on professional development, educational materials, after-school programs and specialized instruction.
To learn more visit https://www.simbainformation.com/PreK-Budget-Policy-Outlook-11585704/ or call 888-29-SIMBA.
About Simba Information
Simba Information is widely recognized as the leading authority for market intelligence in the media and publishing industry. Simba's extensive information network delivers top quality, independent perspective on the people, events and alliances shaping the media and information industry, including the K-12 education market. Simba publishes newsletters and research reports that provide key decision-makers at more than 15,000 client companies around the globe with timely news, analysis, exclusive statistics and proprietary industry forecasts. For more information, please visit https://www.simbainformation.com/.
Contact:
Karen Meaney
Senior Analyst, Education Group
Simba Information
240 747-3055
[email protected]
SOURCE Simba Information
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