State Fiscal Stabilization Fund

The State Fiscal Stabilization Fund is a program established by the American Recovery and Reinvestment Act of 2009 (ARRA) and awarded by the US Department of Education. The US Department of Education will award governors approximately $48 billion under the SFSF program in exchange for a commitment to advance education reforms. These funds will help stabilize state and local government budgets in order to minimize and avoid reductions in education services.

Section 14005(d) of Division A of the American Recovery and Reinvestment Act (ARRA) requires any state receiving funds under the SFSF program to provide assurances in four key areas of education reform:

• Achieving Equity in Teacher Distribution
• Improving the Collection and Use of Data
• Standards and Assessments
• Supporting Struggling Schools

For each of these areas of reform, the ARRA prescribes specific actions that the State must assure that it will implement. These assurances come in the form of indicators and descriptors, each delineating a specific action to be taken. There are 32 indicators and 3 descriptors.

Assurance (A): Achieving Equity in Teacher Distribution

Assurance (B): Improving Collection and Use of Data

Assurance (C): Standards and Assesments

Assurance (D): Supporting Struggling Schools

• US Department of Education State Fiscal Stabilization Fund Overview
• Wyoming’s Recovery Website