Last Updated: | 2/8/2011 |
Budget Issue: | K-12 inter-year payment deferrals |
Program: | Cash management |
Finding or Recommendation: | Summary of the state's increased use of deferrals in recent years, the advantages and disadvantages of deferrals, and other major factors the Legislature should consider as it decides whether to approve additional K-12 deferrals. |
For more detail, please see our budget brief, The 2011-12 Budget: To Defer or Not Defer? An Analysis of the Effects of K-12 Payment Deferrals.