Source: News Works
When charter schools expand, and more kids leave classrooms run by the School District of Philadelphia, it’s not as costly as previously estimated, although the total remains significant. That’s according to a much-anticipated report commissioned by the district in 2015, completed by the consultancy Afton Partners. Uri Monson, Chief Financial Officer for The School District of Philadelphia says in the district’s press release, “Some of the constraints that lead to stranded costs are partially controllable and can be mitigated with action by SDP, albeit via difficult actions such as layoffs and school closures. Continuing to grow and improve District-managed schools, and attracting students back to great schools near where they live, would also mitigate these fiscal challenges for the District.”