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Legislature fixes $650M deficit in fiscal 2009 (access required)

The Senate and the House approved a plan on May 13 that suspends a payment of $300 million to school districts until the next fiscal year and instead allows them to tap into their excess cash balances to cover ongoing expenses. The plan is part of a two-bill package aimed at solving a $650-million budget deficit in fiscal 2009.

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This week in the Senate: Approps Committee eyeing May 5 (access required)

Most Senate committees have cleared their calendars this week, expecting leadership to push hard for an agreement on the budget and in anticipation of a Senate Appropriations hearing on May 5. Committees that are scheduled to meet will tackle executive nominations in hearings that are expected to be relatively short and quick.

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