Wilkinsburg School Board Considers $3 Million Loan to Finish Year
Fiscal ramifications of charter schools and inadequate deliquent tax collection blamed for money woes, business manager says.
Wilkinsburg School Board met last night to discuss a plan to borrow $3 million to help the cash-strapped school district to meet its financial obligations through the end of the school year.
The Post-Gazette reports that Bruce Dakin, business manager, said the fiscal ramifications of charter school payments has resulted in the district's financial woes. The district spends between $3.5 and $4.5 million on charter school payments, a number that has increased in the past five years.
Superintendent Archie Perrin added that there has not been an aggressive effort to collect about $20 million in delinquent taxes.
To see the full Post-Gazette story, click here.