Reading School District Debt Called Near Its Limit

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

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

The financial picture for the Reading School District isn’t pretty.

That news should come as no surprise as the district is fresh off a rough budget process that saw dozens of employees laid off and five schools closed.

But exactly where the district stands may not have been crystal clear.

That’s why the business office put together a special presentation this week to fill the Reading School Board in on the district’s financial trends.

Read more: http://readingeagle.com/article.aspx?id=412937