Update&Action Needed: K-12 Financial Literacy Implementation

From our friends at MassSaves:
Recap
Midas announced earlier last week that the Massachusetts Senate adopted an amendment to the Senate budget for FY 2020. The amendment was offered by Sen. Jamie Eldridge (D-Acton), and it would establish a new $250,000 grant program to assist in the implementation of the new financial literacy law enacted last December.
The full text of the relevant Senate amendment is below:
“7010-1193 For the implementation of a competitive grant program to school districts to support the implementation of the financial literacy standards in kindergarten to grade 12, inclusive, authorized by section 1Q of chapter 69 of the General Laws; provided, that the department of elementary and secondary education shall develop the criteria for grants; provided further, that grants shall be awarded to programs that: (i) include training and development programs to assist teachers in incorporating appropriate financial literacy concepts into classroom curriculum; and (ii) engage with a variety of organizations and leverage cost-sharing partnerships with local districts, private funders and non-profit institutions… $250,000.”
New Update
We now need to convince the six House and Senate members of the Joint Conference Committee — who are charged with crafting a final FY 2020 budget — to include the Senate language in the final state budget.
What can I do to help?
Email, write, or call the six members of the Joint Conference Committee listed below by June 26, 2019, especially the House members, and urge them to support the language that is in the Senate budget.
  1. Rep. Aaron Michlewitz (D-East Boston), House Chair
  2. Rep. Denise Garlick (D-Needham), House Vice Chair
  3. Rep. Todd Smola (R-Warren), Ranking Minority Member
  4. Sen. Michael Rodrigues (D-Westport), Senate Chair
  5. Sen. Cindy Friedman (D-Arlington), Vice Chair
  6. Sen. Viriato deMacedo (R-Plymouth), Ranking Minority Member
What should I say?
Here is an example, but writing in your own words is always preferred.
Dear Senator or Representative [Name]:
I am a resident of [Xxxxx]. I am writing to ask you to include in the final state budget the Senate amendment that appropriates $250,000 to the support the incorporation of financial literary concepts into existing classroom curriculum.
State funding would establish a competitive grant program within the Department of Elementary and Secondary Education (DESE) to assist local school districts in providing training and development to assist teachers with these efforts. It will provide vital assistance to local schools in implementing the new financial literacy law enacted last year. This law established new financial literacy goals and opportunities for all K-12 students in Massachusetts schools and directed the Department of Elementary and Secondary Education to make teacher development and curriculum resources available to local schools.
In my role as [add in relevant life experience here] I see firsthand the effects of not teaching our youth the importance of budgeting and saving money, and how to make good decisions about taking on debt. This competitive grant program would be a wonderful incentive for local schools to partner with local non-profits, businesses, and others in their communities to integrate financial literacy into school curriculum. We see every day how important it is for our students to learn basic financial literacy and money management skills and how grateful parents, students ,and teachers are when quality programs, training, and curricula are offered in our local schools.
Given the aforementioned reasons, I urge you to include the Senate amendment that appropriates funding to K-12 financial literacy into the final FY 2020 budget.
Thank you for your time,
[Your name]

Leave a Reply

%d bloggers like this: