Under the plan, Refugio ISD could potentially receive a $449,700 increase in funding over the next two years, Hinojosa said. Of that lump sum, $280,200 would go toward helping Refugio’s low-income students and students with disabilities.
The other $169,500 would go toward the construction, renovation, and modernization of its classrooms, labs, libraries, and other facilities. These estimates are based on a proposal which the U.S. House of Representatives is expected to approve on Wednesday. The Senate also introduced its own version of the stimulus package earlier this week.
“This is great news for Refugio ISD. Once passed, this bill will help provide its students with technologically updated, energy-efficient schools and create good construction jobs for local workers,” Hinojosa said. “It’s truly a win-win for the community as a whole.”
Over the next few weeks, Congress will be finalizing the economic recovery package, which is a concerted effort to create and save three to four million jobs and jumpstart the nation’s economy.
In addition to the substantial investment in education, the plan calls for the rebuilding of America’s crumbling roads and bridges, as well as $500 million to support loans that will help rural families buy homes during the credit crunch.