Description

Kentucky will receive $651 million as part of the American Recovery and Reinvestment Act’s (ARRA) State Fiscal Stabilization Fund (SFSF) program, Gov. Steve Beshear announced today.

The new, one-time appropriation is part of approximately $48.6 billion the U.S. Department of Education has awarded to governors to help stabilize state and local budgets and help school districts and postsecondary institutions avoid severe budget cuts and retain teachers and other staff.