Sequestration: A budget sequester is when funds that would otherwise be spent under current law are reserved, and are used instead for deficit reduction.This sequestration will force across-the-board budget cuts on almost every discretionary program and would indiscriminately cut services that are essential to every state and community.
For Oklahoma, federal funding may shrink as follows:
1. Title I Grants – $4,986,823
2. IDEA Part B Grants – $7,300,677
3. Impact Aid – $60 million
4. Supplemental Educational Opportunity Grants – $37 million.
Assistant Secretary Yudin expressed his concern that the sequestration will take effect, unless acted upon by March 27, 2013, with a resolution that will supersede the Act. He stated, “Education should be the last place to reduce funding cuts to vital programs”, but he estimated that there will be a 5% cut to federal funds across the board, based on last year’s program allocations. The sequestration will also reduce funds dramatically for IDEA Part C (SoonerStart) service to infants and toddlers with disabilities.
What this means for Oklahoma:
Memorandum to Districts (pdf)
Sequestration and How It Affects Federal Funding (external link)
Sequestration Flow (pdf)