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Media-Newswire.com - Press Release Distribution - PR Agency

Governor Paterson Submits Plan to Distribute Education Jobs Program Funding

Governor David A. Paterson today submitted his plan to the United States Department of Education for distributing more than $607 million in federal funding from the recently passed Education Jobs Fund.

(Media-Newswire.com) - Governor David A. Paterson today submitted his plan to the United States Department of Education for distributing more than $607 million in federal funding from the recently passed Education Jobs Fund. The Governor submitted his plan just one week after President Barack Obama signed the legislation into law. As part of this plan, the Governor and the State's legislative leaders have agreed that the State will distribute the more than $607 million in funding to school districts according to the State's primary funding formulae to restore, retain and create teacher jobs. "In this time of economic crisis, our State has been forced to make deep cuts across every area of our budget, including substantial cuts to education," Governor Paterson said. "These federal funds will help mitigate many of these cuts by retaining and creating teacher jobs. In just the week since this bill was signed into law, th