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Florida's Election Day gift: It becomes a Race to the Top winner

The Sunshine State has another reason to shine.

On Tuesday, Florida was named one of the winners in the national ``Race to the Top'' school reform competition. At stake: a portion of $4.35 billion in federal money earmarked for education.  Florida is hoping its share will be about $700 million.

Also named as co-winners Tuesday: Georgia, Hawaii, Massachusetts, Maryland, New York, North Carolina, Ohio, Rhode Island and Washington, D.C. The amounts of the grants are expected to be announced later.

The money will have a dramatic effect on South Florida's cash-strapped school districts. Miami-Dade's share is about $40 million. Broward is expecting $35 million. Story here.

-- Kathleen McGrory

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