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DL will have to borrow for cash flow: Crunch time for schools

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School districts across the state have some hefty summer homework as they assess how the budget deal will affect their bottom lines.

The Minnesota legislature used schools to help close the state's budget deficit by once again delaying payment of money promised to them.

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The education bill, signed on July 20, gives the go-ahead for legislators to delay $780 million in aid to schools, bringing that total up from last year's delayed payment to $2.2 billion.

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