Friday, January 4, 2013

The Full Feed from HuffingtonPost.com: Reading School District Millions Short Due To Auditing Error, Payroll Jeopardized

The Full Feed from HuffingtonPost.com
The Full Feed from HuffingtonPost.com
Reading School District Millions Short Due To Auditing Error, Payroll Jeopardized
Jan 4th 2013, 19:44

Pennsylvania's Reading school district is facing a $11 to $15 million shortfall due to an auditing error, potentially leaving thousands of school staff and educators without paychecks come March, 69 News reports.

The specifics of the auditing error are unclear, but a special meeting is scheduled for Monday for board members "to address the issues," according to the station.

Reading was considered the poorest city in the country last year, and the district was set to entirely lose its pre-kindergarten program until the state provided funds to save it. Facing a $40 million budget deficit, Reading's school board also cut back on special courses, furloughed teachers and laid off more than 110 educators.


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