'Difficult Years' Ahead for Mps; Report Sees Tight Finances for System

Summary


Milwaukee business leaders who wanted an independent assessment of the financial situation facing the Milwaukee Public Schools system now have it, and the picture is pretty gloomy.

In a report commissioned by the Metropolitan Milwaukee Association of Commerce, the Wisconsin Taxpayers Alliance, an independent, non-profit organization, forecasts continuing annual cuts in services to students for at least the next several years as expenses grow faster than revenue.

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Extract


'Difficult Years' Ahead for Mps; Report Sees Tight Finances for System

The report uses both optimistic and pessimistic financial assumptions. The difference is whether the equivalent of $40 million or $100 million in current spending will have to be cut in the 2009- '10 school year.

That forecast doesn't account for another major problem looming for MPS: New national...

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