What Happens at the End of Stimulus Money?

Michele McNeil posted (Politics K-12 - EdWeek 1/20/11) an interesting blog about funding in states and how much money is left from various stimulus funds. The table below includes Race to the Top funds in states such as Delaware and Tennessee while energy-rich states shows a strong reserve due to a constant income from those sources (Wyoming, Texas, and Alaska). But some states are running out of money fast and it will dratically impact education (Iowa, Arizona, and California). As reported last week, the California governor has already taken steps to redesign the Education Department. Iowa plans to cut all state funding for pre-school for four-year olds. The prediction is that more of these measures will follow around the country.