March 19, 2024
On March 11, 2024 President Biden released his budget proposal for federal fiscal year 2025 (FY25). FY25 runs from October 1, 2024 through September 30, 2025 and FY25 funding will be in schools for the 2025-26 school year. This document provides an overview of what the budget proposal includes. The budget is widely received as ‘dead on arrival’, with the House and Senate expected to advance their own budget proposals and priorities. The numbers below are a proposal and likely differ significantly from what will be in the final funding package. These numbers are a reference point. As Congress moves through its appropriations work, pay attention to which proposal and draft you are referencing, to ensure you are looking at the latest numbers.