Reply to a comment  Reply to this comment  Objectivemind writes:
From what I understand, the money they don't have to pay right
now is the 57 million the city council pulled for the current
fiscal year ending june 30th. The Chancery Court judge did state
that the city must fund the school system for the upcoming
school year at the same level it has done in the past. So it is
important not to mix the two pools of money. The stay applies to
the 2008-09 school year which has already ended and the school
system has made it through. The stay does not apply to 2009-10
(the upcoming school year). I hope the CA reporters understand
this and report it correctly so the general public can
understand what is at stake and not rely on the word of
politicians and spin doctors. The only way to solve this has to
be a mutual spirit of cooperation on both the city schools and
the city of Memphis part. I hope they can resolve this quickly
because it is not good for business to hear the squabbling over
education funding in a cit