CHICAGO — Michigan lawmakers will fail to meet their self-imposed deadline of July 1 to complete a fiscal 2011 budget.

The Legislature this week could pass a final public school budget for K-12 funding, typically the largest of the state’s 15 budget bills. As of Tuesday, however, all budget bills remained in conference committee, with lawmakers debating how to spend an estimated $300 million school aid surplus and grappling with a $1.5 billion general fund deficit.

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