The cliff is here

For two years schools have known of the funding cliff that comes when all federal stimulus dollars run out. That happened for some schools last year. With my schools, we drew the funding out to provide support and stability this year also. In either case, schools will be operating next year on less money than was available this year.

Hope schools have budgeted carefully. 2011-2012 will be a financially trying year for schools that have operated too close to the margins of their operational budgets.