Trenton Reaches Budget Accord

It appears that state legislators and the administration have reached an agreement for the 2010-2011 state budget, although no appropriations bill has yet been unveiled.

The state’ $29.3 billion spending plan will restore some funding for programs to help needy residents, but it will not change the $820 million cut in state aid to school districts that was part of the governor’s original budget proposal in the spring.

A balanced state budget must be approved by June 30 to avoid a government shutdown. According to press reports, legislators are expected to vote on the budget early next week. A government shutdown, which would affect aid payments to school districts, now appears unlikely.

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