1. 1

2. ►The State Fiscal Stabilization Fund (SFSF) is a new one- time appropriation of $48.6 billion to Governors to maintain support for public education and other state services ►These funds help to stabilize State and local government budgets in order to help minimize and avoid reductions in education and other essential public services ►~$40 billion for states to avert education cuts in K-12 and Higher Education ►Over $8 billion in Government Services Funds S TATE F ISCAL S TABILIZATION F UND 2

3. ►Phase I began in April—approximately $36.8 billion awarded to all 50 states, Puerto Rico, and the District of Columbia, including 100% of government services funds ►Governors signed assurances related to four key reform areas: Enhanced Standards and Assessments Enhanced Standards and Assessments Effective Teachers and Leaders Effective Teachers and Leaders Improving the Collection and Use of Data Improving the Collection and Use of Data Supporting Struggling Schools Supporting Struggling Schools ►$11.5 billion to be awarded (in Phase II) ►Governors will apply for their states in Phase II, as in Phase I SFSF P HASES 3

4. ►Transparency State reports against the reform assurances to which governors agreed in Phase I State reports against the reform assurances to which governors agreed in Phase I Reporting information accessible on public web sites posted by each state Reporting information accessible on public web sites posted by each state State and local stakeholder access to information State and local stakeholder access to information PURPOSE OF SFSF PHASE II APPLICATION 4

5. ARRA FOUR REFORM AREAS ►Enhanced Standards and Assessments Status of current state assessment systems Status of current state assessment systems Quality of assessments for and inclusion of students with disabilities and limited English proficient students Quality of assessments for and inclusion of students with disabilities and limited English proficient students High-school graduation rates, college enrollment, college course completion High-school graduation rates, college enrollment, college course completion ►Effective Teachers and Leaders Distribution of teachers Distribution of teachers Teacher and principal evaluation Teacher and principal evaluation (continued next slide…) 5

6. ARRA FOUR REFORM AREAS (CONT.) ►Improving Collection and Use of Data America COMPETES Act America COMPETES Act Student growth and individual teacher impact data Student growth and individual teacher impact data ►Supporting Struggling Schools Identifying lowest-achieving schools Identifying lowest-achieving schools Use of school intervention models Use of school intervention models Charter school availability and student achievement progress in charter schools Charter school availability and student achievement progress in charter schools 6

7. ► ► Indicators and Descriptors Indicators require data-related responses Indicators require data-related responses Descriptors request narrative information Descriptors request narrative information ►If a state cannot report the data requested by an Indicator or Descriptor, the state must create a plan to report the data as soon as possible – final deadline: ►If a state cannot report the data requested by an Indicator or Descriptor, the state must create a plan to report the data as soon as possible – final deadline: September 30, 2011 ► ► “Confirm” elements and icon ► ► Public reporting on state websites Data required by Indicators and Descriptors Data required by Indicators and Descriptors State Plan, including a report on progress toward providing the requested information State Plan, including a report on progress toward providing the requested information ► ► “Race to the Top” icons SFSF P HASE II A PPLICATION 7

8. APPLICATION EXAMPLE 8

9. ►Two-step review process to evaluate state applications: Verify sufficient completion Verify sufficient completion Evaluate the application against the Approval Criteria Evaluate the application against the Approval Criteria ►Guidance and webinars will be forthcoming ►For further information on SFSF Phase II, please see www.ed.gov/programs/statestabilization www.ed.gov/programs/statestabilization ►E-mail:State.Fiscal.Fund@ed.gov State.Fiscal.Fund@ed.gov ►Phone:202-260-2274 A DDITIONAL I NFORMATION 9