Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Dozens of Pa. school districts face tougher time borrowing after budget impasse

 


Dozens of Pennsylvania's most distressed school districts are finding it harder to borrow money in the wake of the state's historically protracted budget impasse.

In December, as lawmakers entered a sixth month without a state budget, S&P global withdrew its rating of Pennsylvania's "intercept" program, through which the state guarantees loans for school districts that don't have high credit ratings.

http://www.newsworks.org/index.php/local/item/94167-dozens-of-pa-school-districts-face-tougher-time-borrowing-after-budget-impasse

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021

Rendered 06/17/2021 10:34