9:49 PM / Saturday January 28, 2023

22 Oct 2015

Philadelphia schools must borrow to make payroll

  • Facebook
  • Twitter
October 22, 2015 Category: Local Posted by:

Associated Press

Philadelphia schools will have to borrow money to make payroll because of the state budget stalemate.

The Philadelphia Inquirer reports that the School Reform Commission will meet to authorize temporary borrowing in the coming days.

It’s not clear how much the district will need. It spends, on average, $10 million per day. Chief operating officer Fran Burns says it should not exceed $2 million.

Superintendent William Hite Jr. says he could not keep the schools open even with a loan if there is no state budget by the end of the calendar year.

  • Facebook
  • Twitter

Leave a Comment

Recent News


Shapiro takes oath of office to become 48th Pa. governor

January 20, 2023

Tweet Share Pin Email ABOVE PHOTO: Democratic Gov. Josh Shapiro speaks after taking the oath of office...

Sun Report

January is Human Trafficking Prevention Month

January 20, 2023

Tweet Share Pin Email By Emily Walter,  Office of Domestic Violence Strategies, Mayor’s Office of Engagement for...


SUNrise: cj speaks…  Talents and gifts

January 20, 2023

Tweet Share Pin Email One of my favorite spaces to go to show my talents and gifts...


Caring for Older Adults:  Managing heart attack treatment and follow-up care

January 20, 2023

Tweet Share Pin Email FAMILY FEATURES As the proportion of older adults in the U.S. continues to...


A side-by-side look at the Trump, Biden classified documents

January 20, 2023

Tweet Share Pin Email ABOVE PHOTO: The letter from House Oversight Committee chairman Rep. James Comer, R-Ky.,...

Food And Beverage

What’s Cookin’? 7 Bean Stew

January 27, 2023

Tweet Share Pin Email Tweet Share Pin Email Related Posts What’s Cookin’?: 7 Bean Stew What’s Cookin’?...

The Philadelphia Sunday Sun Staff