Perdue pays back school building fund

bniolet — Fri, 28 Aug 2009 12:54:52 -0400

Gov. Beverly Perdue paid back one of the state funds she used to keep the state's checking account flush during the last fiscal year.

The state was facing a $3.2 billion shortfall last year. From month to month, the cash situation was dicey, to put a fine point on it. To ensure the state could pay its bills, Perdue transferred hundreds of millions from four state funds in February as well as ordering agencies to curb spending.

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Perdue pays back school building fund