News

Dayton talks school repayments

Dayton talks school repayments Click to Enlarge Photo:

Mar 19, 2013 at 1:29 pm

ST. PAUL, Minn. (AP) - Gov. Mark Dayton is willing to wait rather than take action to quickly deliver $800 million in back pay to Minnesota schools.

As House Democrats prepared to release budget targets Tuesday, they were planning to depart from Dayton on the issue of school IOUs by proposing accelerated repayment.

The state slowed payments to schools to balance past Minnesota budgets. In all, $2.7 billion in aid was temporarily held back, leaving districts to tap reserves or take out short-term loans. But $1.9 billion has been repaid because schools are first in line for surplus tax collections.

Dayton says the state is ``on track'' to make schools whole and that new money should be used to boost education allowances. If need be, Dayton says lawmakers can address the payment shift next year.

Abby Faulkner

Posted By Abby Faulkner

Assistant News Director

Abby Faulkner's Profile

Leave a Comment

Current Weather

For Central Minnesota

Temp: 15°F (-9°C)

Dewpoint: 7

Wind: 17 NW

Weather: Cloudy

Full Forecast | Live Radar

Community Calendar