$75M School Aid Cut won't be Restored - Corzine
New Jersey Gov. Jon S. Corzine says a $75 million cut in school aid is not likely to be restored if the Legislature fails to approve a plan allowing school districts to skip this years pension fund payment. The governor says the pension deferral bill would ease the blow of midyear aid cuts to school districts, towns and counties. The bill allows local governments and schools to defer half their contribution to the employee pension fund.
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