FY24 Omnibus Package

Over the weekend, Congress is expected to pass a $1.2 trillion dollar spending bill to provide funding for Fiscal Year (FY) 2024, an omnibus package that wrapped up funding for the remaining 8 appropriations bills, including the Labor Health Human Services Education and Others (LHHS) bill, which provides for education. FY24 runs October 1, 2023 through September 30, 2024 (yes, we are already halfway through FY24) and FY24 funding will be in schools for the 2024-25 school year.

The FY24 package provides $79.1 billion to the Department of Education (USED) – a $500 million cut below the FY2023. However, the majority of K-12 education programs received level funding while a few key programs received modest increases – most notably Title I and IDEA, received increases of $20 million. Read our full summary here.