School districts and small nonprofits that find themselves having to take out loans while waiting on a state budget may get some help with the borrowing costs that they incur. Gov. Tom Wolf said on Wednesday he will support setting aside money in the final budget to reimburse those organizations for the interest payments associated with their need to borrow money while waiting on state funding.
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Source: Pennlive.com, Aug. 19, 2015; PSBA Daily Edition, Aug. 20, 2015.