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Thursday, May 17, 2012

Gov. Corbett: PA schools should use $3.2B reserves to avoid cuts

Pennsylvania school districts are sitting on $3.2 billion in "reserves" but many are proposing tax hikes and cuts in program rather than using the money on hand. Gov. Corbett wants the districts to use the money to help pay for expenses.

From The Associated Press: "The school districts are making a concerted effort not to go into those reserves," Corbett said, adding that reserves are a rainy day fund that should be used at times like this. 

Corbett: Schools should use reserves to avoid cuts - ABC27 WHTM

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