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DC Public and Public Charter Schools
Reply to "Subtracting $1B from DC Govt has to affect DCPS/PCS, right?"
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[quote=Anonymous][quote=Anonymous]Doesn’t DC have enough rainy day funds to cover this $1 billion for now and then repay it after Sept. 30th?[/quote] Yes but they aren’t allowed to spend it. The CR requires them to spend at last year’s budget level. This will actually result in a surplus because they will still collect all the taxes, just not spend them. [/quote]
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