State Puts Reading School District On ‘Financial Watch’

Map of Berks County, Pennsylvania, United Stat...

Map of Berks County, Pennsylvania, United States Public School Districts (Photo credit: Wikipedia)

The state has officially labeled the Reading School District as being in “financial watch status,” a step away from state intervention.

The Department of Education announced Friday that the district has hit several financial-difficulty indicators in the Act 141 early warning system. Passed last year, Act 141 is the state’s law to help financially distressed school districts.

Four districts – Harrisburg, Duquesne, Chester-Upland and York – already have been placed in Act 141 financial recovery and have state-appointed recovery officers overseeing their finances, something Reading officials are hoping to avoid.

Dr. Carlinda Purcell, superintendent, said she sees the designation as a positive step toward dealing with the chronic financial struggles.

Read more: http://readingeagle.com/article.aspx?id=460369

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