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District finance chief says $45 million cash reserve will cover operations amid delayed state budget
Erie City SD · August 6, 2025
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Summary
Erie City SD finance director reported the state has not passed the 2025–26 budget and key payments will be delayed, but the district has about $45,000,000 in its general fund and can operate for at least two to three months while monitoring the situation.
The district’s finance update warned that the Pennsylvania legislature had not yet passed the 2025–26 state budget, and that routine state payments to school districts could be delayed, but board members were assured the district can continue…
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