William Penn Borrows Money to Pass Budget, State Funding Delayed

The William Penn School District passed a school budget with borrowed money and a lot of unknowns.

The William Penn School District is borrowing money with a $10 million tax revenue anticipation note so it can pass its budget while state funding talks drag on, writes Maddie Hanna for The Philadelphia Inquirer.

William Penn must have a balanced budget in place by the start of the new fiscal year, which began on July 1…

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