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House leaders hope the proposal, which is halfway between the $100 million passed earlier by their chamber and the $58 million passed by the Senate, will be accepted by the Senate and sent on to the governor.
Senate and House leaders have said it is crucial to reach a compromise of how much of the cuts would be restored to provide agencies, particularly local school districts, some certainty.
House leaders say they hope the additional funds, coming from the more than $500 million in reserve accounts, will help schools and state agencies to avoid layoffs and drastic reductions in services.
The governor has cut budgets because state collections have been lower than projections.
Unfortunately, we are in worse shape than we imagined, typos or no typos...and does anyone see light at the end of the tunnel?
If there's only "$500 in reserve accounts" we're in worse shape than anyone could have imagined!!