$28.4 mil transferred from school reserves
The Joint Finance-Appropriations Committee has just voted unanimously to transfer another $28.4 million from the public education stabilization fund "as soon as practicable" to protect public schools from mid-year budget cuts this year. "When we set up the public education stabilization fund, we did so for this purpose," said Sen. Shawn Keough, R-Sandpoint, who made the motion. "We were hoping we would never come to this day, but we are here. ... It's reflective of our desire, so far as possible, to hold K-12 harmless in these difficult economic times."
