New Mexico Secures $77 Million In Recovery Act Funds For Schools

Source: Governor of New Mexico
Posted on: 27th November 2009

Governor Bill Richardson today announced that the second portion of federal stimulus funds through the Title I program are now available and will be distributed to school districts and charter schools throughout New Mexico.

The American Recovery and Reinvestment Act provides more than $77 million in Title I Part A and Part D funds. The purpose of the Title I program is to provide help to schools that have a high concentration of students from families that live in poverty, and to improve teaching and learning for students at risk of failing.

The first portion of Title I funds — about $38.7 million — were approved earlier this year.

Now the remainder of Part A and D funds are set to flow to local school districts.

The total, including what was approved earlier this year, is $77,167,243. These funds are provided to school districts by federal formula.

Examples of uses for Title I funding include after-school programs, hiring staff such as literacy specialists, and extra training for teachers and principals.

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