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District to share state's findings: Public meeting to discuss district's financial situation.

Centre Daily Times (State College, PA)

| September 11, 2006 | COPYRIGHT 2007 Centre Daily Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Dena Pauling

Sep. 11--PHILIPSBURG -- The Philipsburg-Osceola Area School District's financial crisis was not the fault of one person.

Nor was it because the district spent too much money building athletic fields.

It was overstaffing, building too much space, a declining a tax base, using reserves to pay for operating costs and a taxing error: A collision of forces building over several years that created the perfect fiscal storm.

Some forces were within the district's control. Others were not.

Those findings are part of a recently completed state management study that also tells the school board what it should do to return…

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