The seven-member school board in Franklin City, Va., resigned after the City Council asked the members to do so over questions of financial management.
Recently in School District Business Category
November 14, 2016
October 27, 2016
The Chicago Sun-Times reports that the Chicago Board of Education approved borrowing nearly $1 billion for construction costs and to refinance high-interest debt.
April 18, 2016
After the Chicago Teachers' Union rejected a fact-finder's recommendations on a new contract, the school district has called for the teachers' union to drop the strike talk and return to the bargaining table.
February 01, 2016
The Chicago Teachers' Union on Monday said the district offered no guaranteed funds to pay for what it was offering the union and that there was lack of trust between union members and the school district.
January 28, 2016
New data from the National Center for Education Statistics show that per-pupil spending by districts, when adjusted for inflation, was lower in fiscal year 2013 than in 2012.
January 22, 2016
Michigan's Republican state legislators want to make it easier for teacher sickouts to be characterized as strikes. It is illegal for Michigan teachers to strike.
August 27, 2015
The district is banking on state assistance, a property tax increase, and borrowed funds to get through the school year.
August 24, 2015
Former deputy superintendent Jason Martinez left his job last week after news broke that he hadn't completed a required background check.
August 18, 2015
The Wolf administration says that without drastic steps the district, which has a growing annual deficit, will not open its schools this year.
July 31, 2015
Chicago is staggering the start of the school day in a move it hopes will cut $13.5 million in transportation costs.