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MCIU reports cash-flow plan and pushes for $8,000 flat cyber tuition to save districts
Summary
At the Sept. 15 meeting, Dr. Wright reported that the Montgomery County Intermediate Unit approved a $15 million revenue anticipation note to bridge operations if the state budget is delayed and urged the Commonwealth to adopt a flat $8,000 cyber-tuition rate, which the MCIU said would save Spring-Ford about $634,193.
Dr. Wright, Board member, delivered the Montgomery County Intermediate Unit (MCIU) report and said the IU approved a $15 million revenue anticipation note (RAN) resolution to maintain operations if the state budget is delayed.
“The funds are for the sole purpose of continuing MCIU operations until the state budget and pass, ends and the funds…
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