Skip to main content

House, Senate Republicans reach deal to pay back K-12 schools

Republican lawmakers have agreed to use $430 million in the state's budget reserves to catch up on delayed payments to Minnesota schools. Gov. Dayton has voiced some worries that tapping the budget reserves could leave the state with cash flow problems.
  • Author:
  • Updated:
    Original:

Republican lawmakers have agreed to use $430 million in the state's budget reserves to catch up on delayed payments to Minnesota schools. Gov. Dayton has voiced some worries that tapping the budget reserves could leave the state with cash flow problems.

Next Up

Screen Shot 2022-10-06 at 4.04.40 PM

Ramen bar announced for upcoming Eat Street Crossing food hall

The restaurant roster is filling up at Eat Street Crossing.

police lights squad car dark - Unsplash

Man dies after being shot during argument in Minneapolis

It's the 70th homicide in Minneapolis this year.

NearNorthEncampment

Minneapolis police, city employees clear out Near North encampment

This comes as colder weather moves through the state.

Screen Shot 2022-10-06 at 4.32.46 PM

New T.J. Maxx to open in the Twin Cities this month

Opening day will kick off with extended hours.

Screen Shot 2022-10-06 at 3.04.24 PM

Former Hennepin County commissioner arrested for DWI

The 61-year-old was being held in Hennepin County Jail as of Thursday morning.

Evie Carshare

Electric carshare network showing growth in Twin Cities

Over 25,000 trips have been logged in a six-month span.

Screen Shot 2022-10-06 at 1.11.01 PM

Popular Apple Valley ice arena could be replaced

A concept plan to transform the ice arena is being considered.

21a171abc8c6a3619739a786eed516a563206c38bec4a972944e80fa213b9ab6

Low river levels bring cancellations for St. Paul-New Orleans Viking cruises

The low water also impacted some barge traffic making its way down the river.

10.6 Tempest Weather Thumbnail

Drought tightens grip as Twin Cities reaches 'extreme' level

By this time last year, drought was fading fast in Minnesota.

Screen Shot 2022-10-06 at 11.23.49 AM

Woman missing since car crash has been found

The 49-year-old is believed to have been driving when the crash happened.

Related

Senate passes Republican effort to start paying back schools

The Senate gave it's approval to use the state's reserves to pay down a small part of the debt owed to Minnesota schools. The measure gets the state about a fifth of the way toward the $2 billion amount elected officials put off to solve past budget woes.

House votes to end DNR's oversight of school trust land

Supporters of the move hope a new permanent board could raise more money from the 2.5 million acres of land that the federal government gave the state in 1858. But those who believe the DNR should retain control say the move would leave the land vulnerable to degradation.

House and Senate vote to use reserve fund to pay state debt to schools

Both the House and Senate approved Republican-backed bills to pay off Minnesota's debt to its schools by drawing down the reserve fund. But Governor Dayton is not a fan of the idea. Dayton and other DFLers think it would leave the reserve fund too depleted.

Dayton vetoes GOP plan to partially reimburse Minnesota schools

Gov. Mark Dayton called the proposal an irresponsible "raid" on state reserves. The Republican plan would have used $430 million to payback a portion of an IOU to K12 schools. Minnesota owes schools more than $2 billion after it delayed payments to cover the budget deficit.

House approves plan to use rainy day fund for partial school payback

House members approved the shift from state reserves to pay back repeated delays of education money to cover deficits. The House plan uses $430 million of the rainy day fund to go toward the $2.4 billion owed to schools.