State shutdown, day 18
- July 17, 2011 - 9:35 PM
A BREAKDOWN OF THE BUDGET DEAL
The budget deal agreed upon Thursday by DFL Gov. Mark Dayton and Republican legislative leaders would bridge the remaining $1.4 billion budget gap without any deeper cuts in essential services and without raising taxes.
WHAT REPUBLICANS OFFERED ON JUNE 30
• Increase the accounting shift for K-12 schools by another $700 million. That would bring the total shift to $2.1 billion -- a delay of 40 percent of state aid to school districts.
• Issue roughly $700 million in bonds against future tobacco settlement revenue to cover remaining budget gap.
• Boost the per-student aid formula by $128 million to cover extra borrowing school districts may need to do because of delayed school aid.
• Add $10 million to the University of Minnesota to equalize its budget reduction with Minnesota State Colleges and Universities.
• Restore funding to Department of Human Rights and Trade Office.
WHAT DAYTON ADDED ON JULY 14
• Republicans withdraw all controversial policy positions from spending bills.
• The Legislature must pass a bonding bill of at least $500 million during the special session.
• Eliminate the GOP proposal for 15 percent, across-the-board reductions in the state's workforce.
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