Schools

Philly Schools Facing Another Budget Deficit

The Philadelphia School District reportedly faces a deficit of about $80 million due to increasing fixed costs and stagnant revenue.

Philadelphia schools will likely face another budget crunch in 2015-2016, officials said Monday.

The Philadelphia School District faces a deficit of about $80 million due to increasing fixed costs and stagnant revenue, the Philadelphia Inquirer reports.

During a planning meeting Monday, School Reform Commissioner Feather O. Houstoun said current estimates show revenue will increase about $13 million and expenditures will go up about $100 million, the publication reported.

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And that’s just to continue with the current level of service, which does include full-time counselors and nurses at every school.

Click here to read the full report.

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