School districts should begin receiving billions of dollars in stimulus funding within a few weeks, and administrators are advised to "spend carefully" and keep detailed records of their expenditures, the American Association of School Administrators (AASA) said on March 10.

As part of a weekly series of webinars on the stimulus package and its implications for schools, AASA Associate Executive Director Bruce Hunter described the three kinds of stimulus funding for education and revealed new insights from the federal Education Department (ED) about how the money will be disbursed.

The first pool of money is for established formulas such as Title I,...

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