Local

Minn. Schools To Learn Amount Of Back Pay By State

View Comments

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. Boy Seeking To Bring Sleigh Of Toys To Children's Hospital
  2. 4 Things To Know For Dec. 18, 2014
  3. Mpls. Office Workers Battle For Best Holiday Cubicle
  4. New Rules Require Calorie Counts On Alcoholic Drinks
  5. Citrus Bowl Excitement Causes Flight Shortages
(credit: CBS)

(credit: CBS)

ST. PAUL, Minn. (AP) — The state of Minnesota is ready to make good on some of its IOUs to public schools.

Minnesota budget officials will reveal Monday how much back-pay will be going to schools. Lawmakers temporarily shaved more than $2 billion in payments to schools in recent years to patch holes in state government’s budget. Much has been paid back already, but the outstanding bills still are in the $800 million range.

With the improving state economy, schools are first in line for any excess tax collections. A law passed last spring gave finance officials until Monday to determine what was left after the last fiscal year closed on June 30.

School leaders are sensitive about the payback, fearing that money previously committed to them will be perceived as a windfall.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 2,374 other followers