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Posted 10-14-09
In the early morning hours of October 1st - the
first day of the new fiscal year - the Michigan Legislature approved a
continuation budget for fiscal year 2010 after failing to come to an
agreement on some of the major cuts proposed to balance a $2.8 billion
budget deficit.
Although a second continuation budget was voted
on to continue payments for K-12 education, agreement was not reached
and the K-12 School Aid budget was sent to a second conference
committee. Early on the morning of October 9th, a compromise on the
K-12 budget was approved by the Legislature.
Read the latest on negotiations over the K-12 School Aid, DCH, and DHS budgets in our October 9 Budget Basics report.
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