The Department of Elementary and Secondary Education (DESE) has posted information on their website regarding the FY09 Chapter 70 reductions announced by Governor Patrick on May 7, 2009. These Chapter 70 reductions will be offset, dollar for dollar, with Federal Stimulus Funds.
To view this information, click on or copy and paste to your Internet browser the following link:
http://finance1.doe.mass.edu/chapter70/chapter_09_reduction.html
A joint DLS and DESE memo on the accounting requirements for these federal funds will be issued shortly.
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