Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Beginner’s guide to SIP investing in passive mutual funds
    • Only 14% mutual funds invested in PSX
    • Specialised investment fund race gathers pace, investor accounts top 50,000 | Mutual Funds
    • Leveraged Samsung and SK ETFs risk overheating markets (KOR)
    • Find Transamerica funds and ETFs
    • Mutual funds still hate battered software stocks: By the numbers
    • Can Rs 1,000 A Month Really Make You Rich? A Beginner’s Guide To Mutual Fund Investing
    • 15-year SIP winners: Only 2 mutual funds delivered this rare 20%+ annual return – Money News
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Stevens Point school district set to receive federal education funds
    Funds

    Stevens Point school district set to receive federal education funds

    July 31, 2025



    As of July 30, SPAPSD had still not received its portion of funds as the Wisconsin Department of Public Instruction worked through its allocation process.

    STEVENS POINT – President Donald Trump’s administration announced it would release federal funds for school districts July 25, ending weeks of uncertainty and number-crunching by school district staff.

    Federal funds will begin to arrive at school districts the week of July 28, Madi Biedermann, a deputy assistant secretary for communications at the White House, said in an email received by USA TODAY.

    The White House’s Office of Management and Budget previously announced a hold on releasing the funds June 30, a day before districts nationwide expected to receive the funds, for a “review” of the purpose of the funds.

    “OMB has completed its review of Title I-C, Title II-A, Title III-A, and Title IV-A ESEA funds and Title II WIOA funds, and has directed the Department to release all formula funds,” Biedermann wrote, referencing sections of the 2015 Every Student Succeeds Act, which allocates the funds.

    Read more: When will Parker John’s BBQ & Pizza open in Stevens Point? Here’s the latest.

    Release of the federal money ends weeks of district time spent examining how funds are allocated.

    The return of funds school districts had already planned to include in their annual budget signals an end to weeks of district staff time devoted to tracking down where the funds are spent and what the impact of not receiving them might be.

    The Stevens Point Area Public School District initially faced an estimated $680,000 reduction in federal funding, Mike Kurtz, the district’s business services director, told a Stevens Point Journal reporter July 16.

    These congressionally allocated funds are intended for things like education for migratory children, class size reduction, before- and after-school care, English language acquisition, and other supplementary learning materials.

    A portion of the total funds used for before- and after-school care, also known as 21st Century Community Learning Centers, were announced to be released July 21. SPAPSD routed $317,000 of its total allocation for the 2024-25 school year to the Boys & Girls Club of Portage County to provide after-school care, according to Kurtz.

    A portion of these funds are also routed to private schools within the district, including Pacelli Catholic Schools, Stevens Point Christian Academy, The Roman Catholic Parish of Sacred Heart and St. Paul Lutheran Elementary School. These schools use these funds for teacher training and professional development workshops, Kurtz said.

    Read more: 3 potential buyers for Portage County Health Care Center have been revealed. What we know.

    Federal funds are a small portion of the Stevens Point Area Public School District’s budget but still have an impact.

    While the formerly frozen federal funds only make up a small percentage of SPAPSD’s more than $145 million budget, they still have an impact on district students, Kutz said.

    As of 3:40 p.m. July 30, Wisconsin Department of Public Instruction has received grant award notifications, or confirmation of allocation of funds, from the Department of Education, Chris Bucher, DPI interim director of communications, told a Stevens Point Journal reporter. The department’s legal team is currently reviewing the allocation prior to accepting the funds and further announcements regarding the funds will likely be made in upcoming days.

    Erik Pfantz covers local government and education in central Wisconsin for USA TODAY NETWORK – Wisconsin and values his background as a rural Wisconsinite. Contact him at epfantz@gannett.com.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Hedge Funds Are Losing Their Edge in a World of ETFs

    May 26, 2026

    Find GuideStone Funds funds and ETFs

    May 25, 2026

    Peter Murrell admits to embezzling SNP party funds

    May 25, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Beginner’s guide to SIP investing in passive mutual funds

    May 27, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Beginner’s guide to SIP investing in passive mutual funds

    May 27, 2026

    Introduction:Just like how maintaining good health may depend on eating balanced meals regularly, investing habits…

    Only 14% mutual funds invested in PSX

    May 27, 2026

    Specialised investment fund race gathers pace, investor accounts top 50,000 | Mutual Funds

    May 26, 2026

    Leveraged Samsung and SK ETFs risk overheating markets (KOR)

    May 26, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Goldman pitches hedge funds on strategies to bet against corporate loans

    March 9, 2026

    Democrats blame rural school closures on private school funding • Iowa Capital Dispatch

    October 11, 2024

    Local MIDA board passes $390M bond for East Village construction; public hearing in November

    October 23, 2024
    Our Picks

    Beginner’s guide to SIP investing in passive mutual funds

    May 27, 2026

    Only 14% mutual funds invested in PSX

    May 27, 2026

    Specialised investment fund race gathers pace, investor accounts top 50,000 | Mutual Funds

    May 26, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.