School Financing • Local Government Unit Debt Act
In re Petition of Bd. of Dir. of Scranton Sch. Dist., PICS Case No. 16-0143 (C.P. (Lackawanna Dec. 3, 2015) Nealon, J. (19 pages).
The Scranton School District made a sufficient showing under the Local Government Unit Debt Act to warrant judicial approval of its petition to issue bonds to fund the unfunded debt it incurred as a result of its nonreceipt of state subsidies due to a state budget impasse. School district’s petition to issue bonds granted.
