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Board approves updated literacy interventions, $126.2M in Literary Fund loans and new interest schedule

Virginia Board of Education · September 26, 2024
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Summary

The Board approved updated K–5 supplemental/intervention curricula to comply with the Virginia Literacy Act, released recommendations to approve $126.2 million in Literary Fund loans for nine projects, and adopted a market‑indexed interest‑rate schedule with discounts tied to school‑division composite indices.

The Virginia Board of Education approved several finance and curriculum actions intended to support literacy and school capital needs.

On curriculum, the board approved a list of supplemental and intervention instructional programs for K–5 that meet the Virginia Literacy Act review standards; staff said the process is ongoing with additional cycles and teacher supports planned. Board members asked about cycle timing and teacher training to…

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