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Coatesville schools say state budget impasse is straining cash flow; district monitoring options
Summary
District officials told the board’s finance committee that a more-than-two-month state budget impasse has frozen some state and federal reimbursements and left the district relying on local revenues while monitoring cash flow; options include curtailing nonessential spending or short-term borrowing.
District finance staff updated the board on the ongoing Pennsylvania state budget impasse during the finance committee meeting on Sept. 9 and described how the delay is affecting school operations.
District staff reported the impasse — now more than two months old — has delayed basic education, special education and some federal grant…
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