finance

Two small school districts in western Indiana are working to carry out a merger plan after it won approval from voters in this month’s election.

The tax-exempt bond market's first in-depth evaluation of charter school credit quality details stronger-than-expected financial performance, especially among rated borrowers, and challenges market perceptions about charter school financial risk.

School officials in Hopkinton are already pushing back against the Board of Selectmen’s recommendation that all town departments be level-funded for fiscal year 2014, saying that expectation is “unrealistic.”

The question from Pittsburgh Public Schools board member Thomas Sumpter was blunt: "By 2015, are we broke, out of business?"

Roy Roberts, the emergency financialmanager for Detroit Public Schools, says he may leave the job if voters reject Proposal 1, the statewide ballot proposal that would affirm the state's ability to take over financially struggling school districts and municipalities.

The cost of educating public school students in Illinois continues to go up in the face of a struggling economy that has forced teacher layoffs and led to cuts in state education aid, new state data show.

Today in Austin, Texas Comptroller Susan Combs released the third report in a series focused on transparency entitled, "Texas It’s Your Money."

Florida's Gov. Rick Scott wants all his teachers to get state-funded debit cards they can use to purchase school supplies that many now pay for with their own money.

The indicted former superintendent of Breathitt County schools cost the district $191,000 in state funding by cutting 10 days from the school year in 2011, according to a state audit released Wednesday.

The Piedmont (Calif.) Unified School District could stand to lose about $1.1 million or $441 per student by January if voters don't approve Proposition 30 on Nov. 6.