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Lawsuit settlement makes $2.9 billion available for California districts
School districts in California will have seven weeks to vie for a share of $2.9 billion that will pay for smaller classes, high school counselors, teacher training and other initiatives. State education officials and the California Teachers Association hailed the program, which will benefit 500 selected low-achieving California schools. The money comes from the settlement of a lawsuit filed against Gov. Arnold Schwarzenegger for allegedly breaking a funding pledge.