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► The State Fiscal Stabilization Fund (SFSF) is a new one-The State Fiscal Stabilization Fund (SFSF) is a new one-time appropriation of time appropriation of $48.6 billion $48.6 billion to Governors to to Governors to maintain support for public education and other state maintain support for public education and other state services services

► These funds help to stabilize State and local government These funds help to stabilize State and local government budgets in order to help budgets in order to help minimize and avoid reductions minimize and avoid reductions in educationin education and other essential public services and other essential public services

► ~$40 billion for states to avert education cuts in K-12 and ~$40 billion for states to avert education cuts in K-12 and Higher EducationHigher Education

► Over $8 billion in Government Services FundsOver $8 billion in Government Services Funds

STATE FISCAL STABILIZATION FUNDSTATE FISCAL STABILIZATION FUND

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► Phase I began in April—approximately $36.8 billion awarded to Phase I began in April—approximately $36.8 billion awarded to all 50 states, Puerto Rico, and the District of Columbia, all 50 states, Puerto Rico, and the District of Columbia, including 100% of government services fundsincluding 100% of government services funds

► Governors signed assurances related to four key reform areas:Governors signed assurances related to four key reform areas: Enhanced Standards and AssessmentsEnhanced Standards and Assessments Effective Teachers and LeadersEffective Teachers and Leaders Improving the Collection and Use of DataImproving the Collection and Use of Data Supporting Struggling SchoolsSupporting Struggling Schools

► $11.5 billion to be awarded (in Phase II)$11.5 billion to be awarded (in Phase II)

► Governors will apply for their states in Phase II, as in Phase IGovernors will apply for their states in Phase II, as in Phase I

SFSF PHASESSFSF PHASES

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►TransparencyTransparency

State reports against the reform assurances to State reports against the reform assurances to which governors agreed in Phase Iwhich governors agreed in Phase I

Reporting information accessible on public web Reporting information accessible on public web sites posted by each statesites posted by each state

State and local stakeholder access to State and local stakeholder access to informationinformation

PURPOSE OF SFSF PHASE II APPLICATIONPURPOSE OF SFSF PHASE II APPLICATION

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ARRA FOUR REFORM AREASARRA FOUR REFORM AREAS

► Enhanced Standards and AssessmentsEnhanced Standards and Assessments Status of current state assessment systemsStatus of current state assessment systems Quality of assessments for and inclusion of students Quality of assessments for and inclusion of students

with disabilities and limited English proficient studentswith disabilities and limited English proficient students High-school graduation rates, college enrollment, High-school graduation rates, college enrollment,

college course completioncollege course completion

► Effective Teachers and LeadersEffective Teachers and Leaders Distribution of teachersDistribution of teachers Teacher and principal evaluationTeacher and principal evaluation

(continued next slide…)

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ARRA FOUR REFORM AREAS ARRA FOUR REFORM AREAS (CONT.)(CONT.)

► Improving Collection and Use of DataImproving Collection and Use of Data America COMPETES ActAmerica COMPETES Act Student growth and individual teacher impact dataStudent growth and individual teacher impact data

► Supporting Struggling SchoolsSupporting Struggling Schools Identifying lowest-achieving schoolsIdentifying lowest-achieving schools Use of school intervention modelsUse of school intervention models Charter school availability and student achievement Charter school availability and student achievement

progress in charter schoolsprogress in charter schools

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► Indicators and Descriptors Indicators require data-related responses Indicators require data-related responses Descriptors request narrative informationDescriptors request narrative information

► If a state cannot report the data requested by an Indicator or If a state cannot report the data requested by an Indicator or Descriptor, the state must create a plan to report the data as soon as Descriptor, the state must create a plan to report the data as soon as possible – final deadline: possible – final deadline: September 30, 2011

► “Confirm” elements and icon

► Public reporting on state websites Data required by Indicators and DescriptorsData required by Indicators and Descriptors State Plan, including a report on progress toward providing the requested State Plan, including a report on progress toward providing the requested

informationinformation

► “Race to the Top” icons

SFSF PHASE II APPLICATION SFSF PHASE II APPLICATION

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APPLICATION EXAMPLEAPPLICATION EXAMPLE

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►Two-step review process to evaluate state applications: Two-step review process to evaluate state applications:

Verify sufficient completionVerify sufficient completion

Evaluate the application against the Approval CriteriaEvaluate the application against the Approval Criteria

►Guidance and webinars will be forthcoming Guidance and webinars will be forthcoming

►For further information on SFSF Phase II, please see For further information on SFSF Phase II, please see www.ed.gov/programs/statestabilization

►E-mail:E-mail: State.Fiscal.Fund@ed.gov

►Phone:Phone: 202-260-2274202-260-2274

ADDITIONAL INFORMATIONADDITIONAL INFORMATION

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