PA Independent highlights the $2.5 billion school districts have in reserve accounts – $1.8 billion in “undesignated reserves.”
To put that it lay terms – it’s a lot of money.
Keep this in mind when Gov. Rendell or Dwight Evans attack those who don’t support a $350 million increase in state subsidies because they hate children.
Or when school districts, teacher union lobbyists, and the administration denounce cyber schools for having “excess funds” in their reserves.