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Covid-19 wakes up youngsters to value of saving


The youngsters are now aged between 26 and 29, and thankfully, most have survived Covid well, and some even thrived.
While one in five told Massey’s researchers they had experienced income drops in 2020, and a quarter saw their savings eroded, one in six saw their incomes rise, and one in three managed to increase their savings.
RYAN ANDERSON/STUFF
Is this the foundation moment for young New Zealanders future attitudes on money and security? The national lockdown caused everyone to re-evaluate their lives. Video first published in April 2020.
Economic crises are often like this. There are winners. There are losers.
For a sizeable minority, there were some harsh lessons. One in 10 now feel a lower confidence in their ability to manage their money lives. ....

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Arlington County Board Approves New Budget That Holds Property Tax Rate Steady


Today at 11:30am
The majority of Arlington homeowners will face higher property taxes, after the County Board approved a budget that holds the property tax rate steady.
The Fiscal Year 2022 budget includes $1.4 billion in spending, a 3.5% increase from last year’s budget. Of that, $530 million will go to Arlington Public Schools, which will pass its final budget next month.
Earlier this year County Manager Mark Schwartz proposed a budget that would have only boosted spending by 1.4%, calling it a “transition budget” appropriate for the challenges presented by the pandemic.
The new county budget includes millions in additional expenditures, thanks to higher-than-expected business tax revenue and an expected $46 million in federal funding for Arlington’s local COVID-19 response from the American Rescue Plan, to be split between this year’s and next year’s budgets. ....

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APS Mulls Post-Pandemic Virtual Learning Option for Secondary Students


March 16, 2021 at 3:55pm
For the past year, Arlington Public Schools students have been learning from home to varying degrees of success.
As of this morning (Tuesday), all grade levels have access to two days a week of in-person instruction. Some have struggled during remote learning as is evidenced by dropping GPAs and rising rates of students failing classes. But others, according to APS officials, are excelling.
“We know right now that some students are really thriving in this virtual environment so we want to be able to keep that option open to those students,” said Sarah Putnam, the Director of Curriculum and Instruction for APS, during a virtual open house last month. ....

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