7/27/2011

The Memphis, Tenn., school board has approved a deal that will allow school to begin on time after threatening to push the start date beyond Aug. 8 if the city did not release $55 million for education. The compromise, which still must be approved by the city council, calls for a first payment by Aug. 5 and establishes a payment plan for the remainder of the amount. School board officials warned that if the first payment is not received, schools will not open.

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