Senate votes to close school aid fund shortfall. (old news - 09:55PM Tuesday Jun 08 2004)
LANSING, Mich. (AP) — Michigan K-12 schools could avoid having to cut $28 per student from their current budgets under legislation approved Tuesday by the state Senate.
The Senate voted 37-0 to transfer $50.1 million from the state's main check book, the general fund, into the school aid fund to resolve its deficit for the current fiscal year. The Legislature approved a similar shifting of funds last year.
home