Home > Strickland’s Chicken Coop Math: $930,000,000 Loss in Slot Money = $2.3 Billion Loss for Schools

Strickland’s Chicken Coop Math: $930,000,000 Loss in Slot Money = $2.3 Billion Loss for Schools

September 29, 2009 at 5:00 pm Matt

From Laura Bischoff…

$2.3 billion cut to schools possible, Strickland says

Without money from slot machines, Ohio may also lose federal stimulus funding for schools and see a $2.3 billion gaping hole in K-12 funding, the Strickland administration said Tuesday, Sept. 29.

Without special permission from the federal government to shift money around, Ohio may have to cut aid to districts by 10.3 percent in the current school year and 15.74 percent next school year, according to an analysis by the Ohio Department of Education.

I’ve never heard of this GAAP rule, where amounts are almost tripped for no reason other than that Gov. Strickland wants to.

And Strickland, as a big supporter of spending Federal dollars without regard for their attached mandates, will now have to ask the Federal government for “special permission.” Wonderful

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  3. Ted Strickland’s Ohio Department of Education Kicks Retarded Kids
  4. PD’s Brent Larkin Eviscerates Ted Strickland on Charter Schools
  5. AP: Slot Machine Expansion is Gov. Ted Strickland’s Biggest Regret

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