Grayslake School Stimulus Monies

Grayslake schools are estimated to receive just over $1.1 million dollars from the stimulus package. The breakdown of IDEA, Part B funds are as follows. Neither district will be receiving Title 1 monies in this estimate.

Grayslake Elementary $813,000
Grayslake High School $336,000

These estimates can be found on page 13 of the pdf found at the Education and Labor website. You can find your Illinois school district estimate there as well. Estimates for other states can be found here.

In addition, districts can apply for innovation grants. There is $5 billion dollars available. Below is an overview:

The innovation fund is part of the $5 billion from the state stabilization fund that will go to the education department and Secretary Arne Duncan, who will award incentive and innovation grants. The innovation fund is worth $650 million. The recipients of the innovation funds will be local school districts, or a partnership between a nonprofit and one or more school districts or a nonprofit and a consortium of schools. These awards will be given out based on districts or other eligible entities that have made gains in closing the achievement gap, according to the law. School districts must also have met annual state performance measures for at least two years in a row, demonstrate academic achievement improvement for all groups of students, and make progress in a host of other things (graduation rate, high-quality teachers.) The districts must also demonstrate that they can get matching funds through partnerships with the private sector. Secretary Duncan has said he wants to use these awards, and the entire $5 billion fund, to push the “reform agenda.” If you want to read the language, go to page 438 of this very large PDF of the stimulus bill.