Impact-Aid Districts Feeling the Pinch of Budget Impasse
Washington
With cash reserves running low, Barry L. McCombs, the superintendent of the Omak public schools in Washington state, was preparing last week to borrow $407,000 to replace federal impact aid that is being held hostage by the federal budget stalemate.
But he was bailed out by the U.S. Department of Education, which has sent $40 million to 80 of the...
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