E. Budget and Sustainability
The extent to which
- The applicant's budget, which includes all funds that will support the project (e.g., Race to the Top grant; external foundation support; local, State, and other Federal funds; or other support )
- Is reasonable and sufficient to support the development and implementation of the applicant's proposal; and
- Clearly provides a thoughtful investment and prioritization rationale, including a description of all of the funds (e.g., Race to the Top grant; external foundation support; local, State, and other Federal funds; or other support) that the applicant will use to support the implementation of the proposal, including total revenue from these sources and identification of which funds will be used for one-time investments versus ongoing operational costs that will be needed during and after the grant period, as described in the proposed budget and budget narrative;
- The applicant will take specific steps to evaluate the effectiveness of Race to the Top District funded investments, such as professional development, technology, and staff and more productively use time, staff, money, or other resources in order to improve results, through such strategies such as improved use of technology, working with community partners, compensation reform, and modification of school schedules and structures (e.g., service delivery, leadership teams and decision-making structures); and
- The applicant has a high-quality plan for sustainability of the project's goals after the term of the grant, including a 3-year post-grant budget (including budget assumptions, potential sources, and uses of funds).