State leaders raise hopes of Phila. school rescue
June 20, 2013
With the clock ticking down to a doomsday budget for Philadelphia schools, state leaders signaled Wednesday that they might ride to the rescue.
Gov. Corbett said he is determined to help solve the district’s financial crisis, even as a top Senate Republican outlined a concerted, behind-the-scenes push in the Capitol to assemble a bailout package.
In an unusual move, Corbett issued a statement Wednesday afternoon saying he was “committed to finding a long-term solution for the Philadelphia School District that is focused on students and is fiscally responsible for taxpayers.”
While pledging general support for the schools, he stopped short of detailing what actions he favors – apart from obtaining concessions from the district’s labor unions.
The Republican governor noted that several possible solutions aired in recent days could help close the district’s $304 million shortfall in the next fiscal year and ensure that the tsunami of red ink does not roll into the following year.