Advance CTE, ACTE Call for Greater Investments in CTE in FY24 Budget
Today, President Biden unveiled his Administration’s Fiscal Year (FY) 2024 budget request, which includes a proposed increase of $43 million for the Basic State Grant program of the Carl D. Perkins Career and Technical Education Act, as amended by the Strengthening Career and Technical Education Act for the 21st Century (Perkins V). Unfortunately, this proposal does not make significant progress toward closing the growing inflationary gap facing Perkins V, which is currently estimated to be $320 million lower than fiscal year (FY) 2004 levels when adjusted for inflation.