City will give $10 million to Boston schools

March 27, 2008
One-time bailout will help school system solve budget deficit and avoid closings

Averting imminent school closings and deep classroom cuts, the city of Boston will bail out the cash-strapped school system by giving it a one-time infusion of $10 million from city reserves. The funds will help the district close a $30.7 million budget shortfall and give its new superintendent some breathing room to tighten operations.

Click here to read The Boston Globe article.

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