Accessing $160b Cares Act Funding for K-12 Schools Biden’s 1.9 T Covid19 Stimulus Bill
Just 0.1% (a tenth of a percentage) of the school ($160B) and testing ($50B) is $210m which sets us at a $1b valuation on a 5x revenue. That’s $4-5share. LA and NYC school districts are the 2 largest with 5000 schools. Those two alone could eat millions of tests per week. Over 120k public, private and charter schools.
DOE Educational Stabilization Funds (ESF) flows to each State Department of Education and K-12 schools tap into ESSER FUNDS
K-12 CARES ACT FUNDING / ESSER Elementary & Secondary School Emergency Relief Funds
TOTAL ESSER FUNDS
https://www.future-ed.org/what-congressional-covid-funding-means-for-k-12-schools/
ESSER SPECIFICS - Dept of Education
https://oese.ed.gov/offices/education-stabilization-fund/elementary-secondary-school-emergency-relief-fund/
CARES ACT FUNDING PER STATE
https://covid-relief-data.ed.gov
LIST OF STATE ESSER APPLICATIONS
https://www.ncsl.org/ncsl-in-dc/standing-committees/education/cares-act-elementary-and-secondary-school-emergency-relief-fund-tracker.aspx