K-12 Schools Suffer Financial Pain From Coronavirus

Erin McCarthy returns to teaching 8th grade in Greendale, WI, with a fortified classroom against COVID-19. Schools nationwide are spending millions on PPE and other safety measures. Despite Congress approving $13 billion for K12 schools, only a small portion has been distributed due to complex spending rules. Many districts, like McCarthy's, expect aid in the fall, but some areas already need more funds. Schools face financial strain, digging into general funds and anticipating mid-year budget cuts due to decreased state revenues. Balancing budgets while ensuring safety and education remains a challenge.

What new insight or understanding did you gain from this video?