PR schools could see $3.5 million in overdue aid payments
The $3.5 million the Park Rapids School District is anticipating isn't a windfall, by any means.
Call it payments in arrears. Without the finance charges and interest. The Dec. 6 memo from Minnesota's Department of Education changes the state aid payment schedule to schools "due to the November forecast."
State aid payments increased Dec. 15 from 64.3 percent to 82.5 percent statewide.
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