What is referred to as "hard money" in a school funding context?

In the context of school funding, "hard money" refers to consistent funding that a school can rely on year after year. This type of funding is often established through stable revenue sources such as state allocations, property taxes, or long-term grants. The predictability associated with hard money allows school administrators to plan budgets effectively, allocate resources appropriately, and ensure that core programs and operations can be sustained.

Reliable funding is critical for maintaining educational quality and supporting ongoing operational costs, such as staff salaries, utilities, and essential services. Unlike sporadic or temporary funding, hard money provides a stable financial foundation on which schools can develop long-term programs and initiatives. This predictability allows for better decision-making and resource management in the educational setting, ensuring that students receive continuous support throughout their academic journeys.