Why are schools not furloughing their employees?
Barry Gardner, Chief Financial Officer, MSD of Wayne Township
As the impact of COVID-19 continues to rear its ugly head on the economy and many businesses have begun to reduce salaries, there has been a question lingering under the surface with many state leaders: Why have schools not furloughed nonessential, non-teaching employees? It is a valid question and one that needs to be and can be answered.
While schools in general have not been impacted financially in the short term, there is a looming potential financial storm on the horizon. State sales and income tax revenue provide the majority ...