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Philadelphia School District Budget: $35 million SHORT

by: Rebel - Havertown, PA
started: 06/30/11 10:26 am | updated: 06/30/11 10:26 am

The school district's budget problems are not over.

The state Legislature restored only $22 million from the nearly $300 million that Gov. Corbett slashed.

Philadelphia district and city officials hoped that City Council's vote to raise property taxes by nearly 4 percent might have led to more cash from the state.

City Council last week approved the 3.85 percent, one-year property-tax hike, and parking-meter rates were also increased, to send an extra $53 million to the district.

Lawmakers approved a budget that leaves the district with at least a $35 million shortfall.
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Comments and Quotes
Michael Masch, the district's chief financial officer :
"We've got a $35 million hole, and we need to make some other changes to our financial plan in order to close that gap,"

Councilwoman Blondell Reynolds Brown:

"I'm disappointed but not surprised. We were operating around the possibility of optimism. Sometimes it pans out; sometimes it does not."

City Finance Director Rob Dubow:

"We're glad that they got some added money from the state. Obviously, we'd rather that they got the full $57 million, but they didn't, so now they have to figure out how to make their budget work."

Masch pointed out that lawmakers, while restoring $269 million of the $1.1 billion in statewide public-school funding cut by Corbett, ensured that Philadelphia was the only urban district that did not get special additional funding.
Masch noted that the district's hole could still go beyond the $35 million, considering the district still has not achieved $75 million in savings from its unions factored into the budget.

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