Gov. Paterson wants a 4.5% midyear cut to school aid

Up in Albany, Governor Paterson just proposed “painful” midyear budget cuts to deal with the state’s $3 billion shortfall. If the legislature approves his plan, cuts to school aid would total about $480 million over the rest of the state’s fiscal year, which ends in March. A further $200 million would come out of the 2010-2011 education budget.

If the cuts are approved, they would be the first midyear cuts from the state’s school aid in nearly 20 years. Much more here, here, and here.