Friday, April 9, 2010

Library Initiative for Rural Communities

Thanks to a joint effort between the Office of the Secretary of State, the Tennessee Department of Economic and Community Development (ECD) and U.S. Department of Agriculture (USDA) Rural Development, computer technology resources and training will soon be coming to as many as 76 libraries in 61 rural Tennessee counties. The initiative is the culmination of more than a year’s effort by ECD and the Tennessee State Library and Archives (TSLA) division of the Office of the Secretary of State. ECD and TSLA recently attracted the attention and support of USDA Rural Development, resulting in the formation of a critical state-federal initiative that will have a significant impact on citizens in rural Tennessee.

The initiative will increase the capacity of rural libraries to provide workforce training and increase educational opportunities for the communities they serve. This will be accomplished by providing libraries with funds to set up computer training centers and hire instructors to teach basic computing skills for job-seekers. Economically disadvantaged rural counties with little or no access to high-speed Internet are being targeted. The announcement was made by ECD Commissioner Matt Kisber, Secretary of State Tre Hargett and USDA Rural Development State Director Bobby Goode during the opening session of the Fifteenth Annual Rural Development Conference hosted by Tennessee Technological University.

"This partnership is one of the many ways ECD and the Office of the Secretary of State are working with USDA Rural Development to strengthen our rural communities," said Kisber. “Solid community development is the foundation for economic growth and is at the center of our economic development strategy.”

Approximately 76 rural public libraries across the state will be eligible to apply for a grant through their respective county to create or upgrade broadband-enabled computer labs, which will range from an estimated $13,000 to almost $20,000 depending on the local need and availability of existing resources. Funding will pay for seven to 12 new computers, all necessary peripheral equipment, a high-speed Internet router for each participating library and instructors to conduct training classes for the community.

To read the full press release on this initiative, click here.

Monday, March 29, 2010

Tennessee Wins Race to the Top Grant

The Secretary of Education announced today that Tennessee and Deleware are the only two states to win the first round of Race to the Top Grants. Delaware received approximately $100 million; Tennessee gets approximately $500 million. The remainder of the Race to the Top funds will be distributed in later rounds, with the deadline for the next round of applications being June 1.

This substantial influx of funds will help Tennessee implement a series of reforms designed to turn around struggling school systems and make better use of student assessment data.

For more on the announcement, click here.

Thursday, March 25, 2010

Tennessee Eligible to Receive More than $255 Million in Additional Recovery Funds

U. S. Secretary of Education Arne Duncan today announced that an additional $255,794,562 is now available for Tennessee under the American Recovery and Reinvestment Act (ARRA) of 2009. To date, Tennessee has received $1,569,579,787 through the Recovery Act. The state recently reported that recovery dollars have been used to provide funding for more than 3,700 education jobs from Oct. 1 to Dec. 31, 2009, while also supporting programs that drive education reform.

To the best of my knowledge, this eligibility for Phase II of State Fiscal Stabilization Funds is separate from the State's application for a Race to the Top Grant.

For additional information, go here.

UPDATE: This additional phase-in of stabilization funds was already estimated in the Governor's proposed budget for this year and therefore, does not have an impact on the current budget considerations.

Wednesday, March 17, 2010

Federal Allocation for School Construction Bonds

The U.S. Department of Treasury and the Department of Education today announced $11 billion in allocation authority to issue qualified school construction bonds under the American Recovery and Reinvestment Act of 2009 (Recovery Act). Qualified school construction bonds can be used to finance the construction, rehabilitation or repair of a public school facility or for the acquisition of land where a school will be built.

"Recovery Act school construction bonds provide low-cost borrowing to build and upgrade schools, which is a win-win for communities across the country," said Deputy Treasury Secretary Neal Wolin. "The projects funded with these bonds create jobs today building modern schools to prepare our kids for the global economy of tomorrow."

"Preparing students to compete in the global economy requires improvements in all aspects of our nation's education system, including the environments in which they learn," added Education Deputy Secretary Tony Miller. "The Recovery Act is keeping teachers in the classroom and, through the construction bond program, making lasting investments in the quality of our schools. Our kids deserve no less."

Created by the Recovery Act, qualified school construction bonds help state and local governments obtain low-cost financing for much needed public school improvements and construction. Investors who buy these bonds receive Federal income tax credits at prescribed tax credit rates in lieu of interest. These tax credit bonds essentially allow state and local governments to borrow without incurring interest costs.

The Recovery Act provided for the issuance of $11 billion of qualified school construction bonds by states and large local educational agencies in 2009 and $11 billion in 2010. The 2010 allocations include $6.6 billion of bonding authority to the 50 states and the remaining $4.4 billion of volume cap to 103 large local educational agencies under a statutory formula tied to levels of federal education grant funding.

The full list of allocations by state can be found
here.

Tuesday, March 9, 2010

New On-Line Newsletter of the TN Secretary of State

Secretary of State Hargett is now producing an on-line newsletter focused on topics related to his office. You can find it here.

Friday, March 5, 2010

January Unemployment Figures for the State Unchanged

Tennessee Commissioner of Labor & Workforce Development James Neeley announced this week that Tennessee’s unemployment rate for January was 10.7 percent, unchanged from the revised December rate of 10.7 percent. The January rate a year ago was 9.1 percent. The national unemployment rate for January 2010 was 9.7 percent, down from the December rate of 10 percent.

“The state unemployment rate is holding steady for the month of January,” reported Labor Commissioner James Neeley. “While the unemployment rate continues to be high in Tennessee, we did see a slight increase in employment (+3,400), and two of the three largest gains in employment were in the manufacturing industry.”

Comparing January 2009 with January 2010, year-over-year increases occurred in health care and social assistance, up by 6,800, and in state government which gained 1,100. Meanwhile, manufacturing was down 31,800; trade transportation and utilities lost 28,800; and mining and construction decreased by 16,100.

Thursday, March 4, 2010

Tennessee Named Today as 1 of 16 Race to the Top Finalists

Today the Department of Education announced that 15 states and the District of Columbia will advance as finalists for phase 1 of the Race to the Top competition. Race to the Top is the Department's $4.35 billion effort to dramatically re-shape America's educational system to better engage and prepare our students for success in a competitive 21st century economy and workplace.

States competing for Race to the Top funds were asked to document past education reform successes, as well as outline plans to: extend reforms using college and career-ready standards and assessments; build a workforce of highly effective educators; create educational data systems to support student achievement; and turn around their lowest-performing schools.

The phase 1 finalists are:

•Colorado
•Delaware
•District of Columbia
•Florida
•Georgia
•Illinois
•Kentucky
•Louisiana
•Massachusetts
•New York
•North Carolina
•Ohio
•Pennsylvania
•Rhode Island
•South Carolina
•Tennessee

"These states are an example for the country of what is possible when adults come together to do the right thing for children," Secretary Arne Duncan said.

"Everyone that applied for Race to the Top is charting a path for education reform in America" Duncan continued. "I salute all of the applicants for their hard work. And I encourage non-finalists to reapply for phase 2."

The 16 finalists were chosen from among the 40 states and the District of Columbia that submitted applications for phase 1. Winners for phase 1 will be chosen from among the 16 finalists and announced in April. Applications for phase 2 will be due on June 1 of this year, with finalists announced in August and winners in September. The only states prohibited from applying in phase 2 are those that receive awards in phase 1.

For more information, click here.