CHICAGO - Gov. Jim Edgar of Illinois has resurrected his plan for a $300 million short-term cashflow borrowing, after taking action last weekend that will likely end the state treasurer's opposition.

On Sunday, the governor agreed to accelerate a $176 million state-aid payment to schools that advanced the Chicago Board of Education its $43.2 million share. That money helped eliminate the $84.6 million deficit in the board's fiscal 1993 budget.

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