That explains why they're going broke.
LAST UPDATED: Thursday, October 22, 2015, 1:08 AM
POSTED: Wednesday, October 21, 2015, 5:34 PM
image: media.philly.com
Close to broke, the Philadelphia School District will soon have to borrow money to make payroll through the end of the year, officials confirmed Wednesday.
The School Reform Commission is to meet in coming days to authorize temporary borrowing that will allow the district to function until a state budget stalemate is resolved.
Superintendent William R. Hite Jr. said that if there was no Pennsylvania budget by the end of the calendar year, he could not keep schools open even with the temporary borrowing.
But for now, with 130,000-plus students and 16,000 employees, "it's important that we keep schools open for children to attend," the superintendent said at a City Council education committee hearing.
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