Education Funding News in Brief

State Budget Woes Force Pa. Districts to Borrow Aid

By Tribune News Service — October 06, 2015 1 min read
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Public school districts in Pennsylvania have started borrowing money to help cushion the blow from a state budget impasse.

Auditor General Eugene DePasquale, in a statement, said some districts, and intermediate units that oversee them, borrowed more than $340 million.

“At least 28 additional districts and two more intermediate units will be forced to borrow an estimated total of $122 million in October,” he said.

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A version of this article appeared in the October 08, 2015 edition of Education Week as State Budget Woes Force Pa. Districts to Borrow Aid

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