Why The School District Of Lancaster Is Financially Thriving When Similar Districts In Pennsylvania Are Failing

Times are tough for urban school districts in central Pennsylvania.

Saddled with stagnant tax bases and serving large numbers of low-income and special-needs students, they’re struggling to stay afloat in the face of steep cuts in state and federal education funding.

But School District of Lancaster isn’t experiencing the economic woes of its neighbors.

The school districts in York city and Harrisburg have been declared “financially distressed” by the state, which appointed financial recovery committees to develop radical plans to keep them solvent.

Read more: http://lancasteronline.com/article/local/842996_Why-the-School-District-of-Lancaster-is-financially-thriving-when-similar-districts-in-Pennsylvania-are-failing.html#ixzz2RoBpQLeT

Commonwealth Of Pennsylvania Enacting A Spending Freeze To Keep Budget Balanced!

The temperature isn’t the only thing freezing in Pennsylvania:

Gov. Tom Corbett’s Budget Secretary, Charles Zogby, said today state revenues are on track to miss projections that the current budget was built on by $500 million this fiscal year.

That revenue shortfall, Zogby said, has led Corbett to task him with drawing up options for a mid-year freeze on some state spending to try to keep the overall $27.1 billion general fund budget in balance. He also said it creates a scenario in which there will likely be scant resources for any spending increases in fiscal year 2012-13, which begins July 1.

Read more : http://www.pennlive.com/midstate/index.ssf/2011/12/state_revenues_expected_to_be.html