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User Info LI school districts warn: Cuts could mean bankruptcy in forum [Consumer]
Binney
Posts: 4185
Incept: 2008-08-27
Green A True American Patriot!
Riverhead, NY
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Even though school districts cannot declare bankruptcy, these 2 districts are exploring it:

Quote:
District officials have said declaring bankruptcy would, among other things, allow them to throw out union contracts and pay lower salaries.


Quote:
could result in the state's replacing board trustees with others who would be required to balance district budgets - presumably, either through tax increases or service cuts.


This may get very interesting...

http://www.newsday.com/long-island/2-li-....

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write-in: Beelzebub
When you just can't vote for the lesser of two evils any more.

Reason: spelling
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