Oakland Unified will soon receive $9.9 million in so-called state fiscal stabilization funds – federal stimulus money to restore some of the state dollars that California schools lost earlier this year. Charter school amounts are listed individually, along with each school district, in this chart.
In all, California released $2.56 billion today to public schools and colleges, and expects another $1.1 billion to go out in the fall. Of course, with the state’s budget in such a mess and the dwindling public support for Prop. 1A (which would bring in $16 billion in temporary tax revenue and cap spending), the state might end up cutting as much — or more — from its education budget.
This federal stabilization money is in addition to funds for Title I schools and special education programs. For OUSD, that amounts to roughly $28 million.