Reciever eyes school surplus in Central Falls
Providence, RI – The receiver charged with bringing Central Falls back from the brink of bankruptcy is considering taking nearly $2 million from city schools to balance the city budget. The schools have a surplus, but Central Falls Superintendent Fran Gallo says that money was meant to stave off program cuts for the next school year.
Gallo says, "we were hoping that by gathering these funds, we could sustain over the course of the worst of the economic distress, the very interventions that we are finding are successful in our classrooms. They certainly now are quite threatened."
State officials say they are combing Central Falls' books hoping to find another way to fill a $1.8 million budget hole for the current fiscal year.
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