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Senate approves midyear school funding cut
Posted: 03.31.2010 at 5:21 AM
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JEFFERSON CITY, Mo. (AP) -- The Missouri Senate has voted to shield more than one-quarter of the state's public school districts from a midyear funding shortfall.

Declining state revenue led Gov. Jay Nixon to conclude earlier this year that Missouri wouldn't have enough money to make $43 million in scheduled midyear payments to school districts.

The Department of Elementary and Secondary Education had intended to spread that shortfall among all 523 districts. But the House voted to exempt about 150 districts, because they didn't benefit from an increase in state aid under the funding formula passed in 2005.

On Tuesday, the Senate went along with the House decision on a 32-2 vote.

Legislature: http://www.moga.mo.gov 

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