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New federal money on its way to schools but state aid cuts still pose threat | The Daily Gazette
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New York school districts can expect an infusion of federal money totaling over $4 billion, but the state’s financial outlook still presents the risk that state aid cuts will offset the federal investment.
The stimulus package passed by Congress on Monday night offers school districts about four times the amount of money districts received under the federal CARES act passed in the spring, allocating money to each district based on a formula that distributes federal aid based on school district needs.