Education Needs More Choices—Not More Money

Originally published at Delaware Valley Journal

Gov. Josh Shapiro and his administration chide the Pennsylvania legislature for hoarding cash with spending sights aimed at draining the commonwealth’s $7 billion Rainy Day Fund. However, Harrisburg’s budget “two-step” tends to forget others sitting on large reserves.

Pennsylvania school districts continue to stockpile massive reserves while lobbying for more tax dollars. Recent data from the Pennsylvania Department of Education (PDE) shows district reserve funds reached an all-time high of $6.8 billion in 2022–23, up $836 million from the previous year.

PDE also reported the total amount of tax dollars held outside reserves in special funds for capital expenditures, athletic facilities, and debt service.

Read more at Delaware Valley Journal