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Pandemic could lead to ‘major upheaval’ in school district budgets

It took 10 years for some states to recover from the Great Recession — and to see surpluses they could use to increase funding for K-12 education.

How they weather the “economic shock” brought on by the novel coronavirus will depend on several factors, including the duration of the pandemic, the size of their rainy day funds, and whether they act quickly to keep budgets balanced by increasing revenue or making cuts, said Barb Rosewicz, a project director focusing on states’ fiscal health at the Pew Charitable Trusts.

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