Wolf Administration Submits Revised Amended Financial Recovery Plan for CUSD
October 02, 2015
Harrisburg, PA – The Wolf Administration, through the Department of Education (PDE) and Chester Upland School District (CUSD) Receiver Dr. Francis V. Barnes, submitted a revised amended financial recovery plan to the Delaware County Court of Common Pleas late this afternoon.
“My administration is committed to putting the Chester Upland School District on solid financial footing so parents and students no longer have to worry each year that the doors of the school may not open,” said Governor Wolf. “The amended plan filed today represents an agreement reached with three brick-and-mortar charter schools that will enable the district to pay a reduced special education tuition rate to charter schools. This will help the district eliminate its structural budget deficit, and I want to thank Vahan Gureghian, the CEO of Chester Community Charter School, for his leadership on this matter, along with all of the charter schools who were a part of reaching this compromise.”
The Wolf Administration, through PDE and Dr. Barnes, along with three brick-and-mortar charter schools have worked out an agreement for the district to pay those schools a reduced special education tuition rate. In light of that agreement, the plan seeks the following:
- Eliminate the district’s annual structural deficit by modifying the district’s special education charter tuition rate (for those charter schools who were not part of the agreement) and requesting a permanent increase to the district’s basic education funding from the General Assembly.
- Eliminate the district’s negative fund balance through a multi-faceted approach, including extraordinary funding or refinancing.
- Plan and fund capital improvements to district schools.
To read the revised amended financial recovery plan, click here.