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Agency Budget Chapters - Office of the Chief Financial Officer

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Gap-Closing Initiatives: The FY 2010 budget proposed<br />

by <strong>the</strong> Mayor and approved by Council included<br />

funding made available through <strong>the</strong> American<br />

Recovery and Reinvestment Act (ARRA) <strong>of</strong> 2009.<br />

The gap-closing budget expands and corrects <strong>the</strong> use<br />

<strong>of</strong> <strong>the</strong> ARRA funding in <strong>the</strong> FY 2010 budget. The<br />

$29,400,000 in State Fiscal Stabilization funds originally<br />

budgeted for DCPS in <strong>the</strong> FY 2010 intra-<br />

District budget is reduced by $11,320,102 to correctly<br />

distribute ARRA funds among LEAs, as<br />

required by <strong>the</strong> United States Department <strong>of</strong><br />

Education. The use <strong>of</strong> <strong>the</strong> State Fiscal Stabilization<br />

funds provided through <strong>the</strong> Recovery Act is also<br />

expanded in FY 2010 by $22,077,155 for DCPS<br />

(intra-District). The UPSFF allocation to DCPS is<br />

reduced by $10,757,053 and completely restored by<br />

<strong>the</strong> net <strong>of</strong> <strong>the</strong> changes in State Fiscal Stabilization<br />

Funds for DCPS in <strong>the</strong> amount <strong>of</strong> $10,757,053.<br />

The budget is represented as an Intra-District funds<br />

transfer from <strong>the</strong> <strong>Office</strong> <strong>of</strong> <strong>the</strong> State Superintendent<br />

for Education, <strong>the</strong> agency that implements <strong>the</strong> State<br />

Fiscal Stabilization Fund program.<br />

The proposed budget shifts $24,163,515 from<br />

<strong>the</strong> Non-Departmental Fund back to DCPS.<br />

District <strong>of</strong> Columbia Public Schools<br />

D-15

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