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Article: Ephrata school district receives state funds; Officials able to cancel $9 million line of credit
- Article from:
- Intelligencer Journal Lancaster, PA
- Article date:
- January 14, 2004
- Author:
CopyrightCopyright 2004 Intelligencer Journal Lancaster, PA. Provided by ProQuest LLC. (Hide copyright information)
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Two days before 2003 wound down, Ephrata Area School District
finally received more than $3 million in state funds, easing a
financial crunch and allowing the district to cancel a $9 million
line of credit.
During Monday's budget/finance committee meeting, district
business manager Roger Brubaker told board members that the district
received $3,154,962 on Dec. 30 -- one week after the resolution of a
state budget dispute that had held up the funds.
In total, the district will receive $9,087,893 in state funds, a 3
percent increase from 2002-03. Most of the money -- $7,254,812 -- is
earmarked for basic instruction, with the remaining $1,833,081
designated for special education.
Last month, ...