From the Record:
To get out of the current budget year without a deficit, the state will use $450 million from surplus funds and push another $450 million in planned expenses, including school aid payments and business grants, into the new budget.
Is Governor Corzine about to stiff school districts on another state aid payment? The past March 31st, all school district Business Administrators received an email from the D.O.E. with the jaw-dropping news that no one would get their quarterly aid payments due the next day and districts could either suck it up or defer pension payments. Is this going to be a regular thing, Guv?
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