Sacramento (Calif.) Will be Less Late in Paying Schools

Tuesday, December 4, 2012

California public schools, community colleges and counties will get an early holiday gift from the state: Sacramento will pay about $1.9 billion that it owes them in December, a month earlier than promised.

Even better news is that in March the state will pay them on time nearly $1 billion that it was going to defer until April.

The adjustments are one of the first tangible benefits from Proposition 30, the governor's school funding tax that voters passed in November.

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