Budget deal softens blow to schools, but strings attached

Republicans legislative leaders today announced a budget deal that will soften the financial blow of an earlier decision to cut $470 per pupil.

But, there are strings attached.

Under terms of the deal disclosed today, the state will pay $160 million toward the unfunded liability of the school employee retirement system. Some districts will receive $100 per student if they meet certain conditions.

Lawmakers previously approved deep funding cuts for public schools, community colleges, and universities and increases taxes on seniors and the poor to finance a mass tax cut for businesses. Even with the changes included in today's announcement, schools face major budget cuts and layoffs.