The money comes from the American Recovery and Reinvestment Act of 2009, which President Obama signed on Tuesday in Colorado. The ARRA, the latest stimulus act, will provide billions of dollars in an attempt to boost the national economy, in addition to providing billions to pump up school systems across the country.$1.3 million for North Adams will go a long way towards keeping a fragile system from crashing.
The act allots $13 billion in Title 1 funding, which provides for the poorest students, and $11.3 billion in IDEA funding, which is for students with disabilities. It also provides for school construction and modernization tax credits with $24.8 billion, as well as a $53.6 billion for state stabilization funds, of which the Bay State's use will be determined by Gov. Deval Patrick.