Nebraska's six community colleges are resolving their funding dispute, and Metropolitan Community College is dropping its lawsuit against the other colleges. State Sen. Greg Adams of York announced the agreement Tuesday afternoon. Omaha-based Metro said in its lawsuit that it has lost more than $10.8 million because of the state's miscalculations and the other colleges' misrepresentations. Adams says all the colleges agreed to cooperate on developing a new funding formula. The new formula would take effect in 2011. During the 2010-2011 school year, Metro will receive $1.8 million total from the other five schools to help it while the new funding formula is written.
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