Bancroft-Rosalie School was notified that we will receive a federal Education jobs allocation of $71,024.37. This money is a one year payment to help school districts avoid laying off teachers.
The Nebraska Department of Education recommends that the federal money be spent during the current school year and the amount of budgeted money it replaces is to be carried over to the 2011-12 school year to help pay teacher salaries.
This will help lessen the blow of the projected loss of state aid next year for Bancroft-Rosalie School.
