http://www.philly.com/dailynews/local/20080327_Charter_schools_in_limbo_amid_budget_concerns.html
The Philadelphia school district will end the fiscal year on June 30 with a $21 million budget deficit, jeopardizing the opening of some approved charter schools. There are 17 applications to open charters this fall - six submitted to the School Reform Commission during this academic year and 11 submitted during 2006-07. The district's interim chief executive officer, Tom Brady, said the district would continue to look for savings and ask the city and state to provide more help. The state finances about 60 percent of the district's budget with the majority of the rest coming from the city.
Source: Philadelphia Daily News
Date: 03/27/2008
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