The Reading School District says an accounting error has left it short more than $15 million.
Board President Robert F. Heebner Jr. tells the Reading Eagle http://bit.ly/100L2g2 that said revenues for the 2010-11 school year were overstated by about $15.6 million. The mistake was uncovered by district auditors.
School administrators are still working to learn more about how it happened. The board's vice president, Pierre V. Cooper, says it's not clear what the impact will be. But officials say the district will be able to make payroll, and they're confident that taxpayers won't be hurt.
Three lawmakers are demanding a state audit of the district.
Information from: Reading Eagle, http://www.readingeagle.com/
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Saturday will start off unsettled, especially S&E, but towards the afternoon most of us should remain drier with light scattered showers.
Saturday (79/68): AM Rain, PM Clouds
Weekend, clouds will stick around throughout Saturday and Sunday as wet weather dampens the first weekend in August. Saturday will start off unsettled, especially S&E, but towards the afternoon most of us should remain drier with light scattered showers. There is a better chance for more widespread precipitation Sunday with on and off showers/thunderstorms possible.
Saturday (79/68): AM Rain PM Clouds
Sunday (81/68): Cloudy, Showers & T-Storms
We've got an update on a New Jersey boy who has been wearing hearing aids since he was age 5 and now needs them replaced.