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'We're pretty flush:' Endowment payments climb for K-12, higher education
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'We're pretty flush:' Endowment payments climb for K-12, higher education
Public schools will receive a significant one-year boost in endowment payments — a $9.5 million increase. Most state endowment beneficiaries, including public schools and higher education, are in line for increases exceeding 10%. Despite the robust increases, endowment payments still represent a relatively small piece of overall education spending. Several factors played into the increased payments — including $156.3 million in presold timber cu…
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