Another Option for Millcreek School Board - WICU12 HD WSEE Erie, PA News, Sports, Weather and Events

Another Option for Millcreek School Board

Posted: Updated:

The Millcreek Township School District has just over a month to find a way to balance their $8.8 million deficit, and pass a preliminary budget.

Acting Superintendent William Hall has talked about closing schools, raising taxes and cutting back on faculty and staff, and at the finance meeting on Monday, another option was laid on the table for the board. One that came from PNC Bank.

"They're talking about debt service and giving us some options in maybe restructuring our debt service so maybe we could have some help with this budget moving forward this year and for the next 3, 5, 10 years," said Hall.

By doing this, the district would have an additional six years to pay back their debt, allowing them to have nearly two million dollars extra each year, they could put towards the budget.

And they could do that for this year.

"It'll work for us moving forward in our planning, with what we're planning right now," said Hall. "So essentially, I'm counting that as two million if that's the direction the board wants to go."

Parents of Ridgefield and Vernondale students, also like this new idea of restructuring the debt service. Especially after receiving calls and getting a notification on the district's website about public hearing, regarding potential school closures.

"We were pleased with the fact they're looking at restructuring financially, refinancing the bond," said Nadine Clement, a Ridgefield parent. "That looks to save two million a year for the next eight years, sounds like a good business move to me."

"I find it proactive that they're looking for money other than closing schools," said Genene Mattern, a Vernondale parent. "It's still up in the air on what'd they actually use if for, but the money is definitely there to help with the budget deficit we currently have."

That public hearing to discuss possibly closing Vernondale and Ridgefield is set for May 8th.

Submit your event now
  • Most Popular StoriesMost Popular StoriesMore>>

  • UPDATE: Toddler Shot in Cochranton

    UPDATE: Toddler Shot in Cochranton

    Wednesday, April 16 2014 1:15 PM EDT2014-04-16 17:15:10 GMT
    A two- year- old child from Crawford County is in a Pittsburgh hospital, after he was shot in the face with a pistol. State Police in Meadville say the incident happened inside a residence in a mobileMore >>
    A 2-year-old child from Crawford County is in a Pittsburgh hospital, after he was shot in the face, just beneath the eye, with a gun.
    More >>
  • Police Arrest Bank Robbery Suspect

    Police Arrest Bank Robbery Suspect

    Wednesday, April 16 2014 7:32 AM EDT2014-04-16 11:32:05 GMT
    An Erie Marquette Bank was targeted by a thief Tuesday afternoon, and police have now identified a suspect. Police issued a warrant for the arrest of 49- year- old Keith Baker on charges of robbery, theft,More >>
    The suspect in a Tuesday bank robbery in the City of Erie is in jail this morning, arrested just hours after the holdup.More >>
  • Shooting Victim Speaks Out About Murdered Neighbor

    Shooting Victim Speaks Out About Murdered Neighbor

    Monday, April 14 2014 5:56 PM EDT2014-04-14 21:56:11 GMT
    The survivor of a double shooting incident on East 27th Street last Tuesday is speaking out from his hospital bed. Jason Thomas talked with 12 News Lisa Adams about the gunfire that killed his neighborMore >>
    The survivor of a double shooting incident on East 27th Street last Tuesday is speaking out from his hospital bed. Jason Thomas talked with 12 News Lisa Adams about the gunfire that killed his neighborMore >>
  • Convenience Store Robbed at Gunpoint

    Convenience Store Robbed at Gunpoint

    Tuesday, April 15 2014 11:43 PM EDT2014-04-16 03:43:43 GMT
    There was a holdup in the city Tuesday night, when two men barged into a convenience store, showed a gun, and fled with cash. It happened around 6:30 Tuesday evening, at the Stop-n-Go on 8th and PeachMore >>
    There was a holdup in the city Tuesday night, when two men barged into a convenience store, showed a gun, and fled with cash. More >>
  • 23-Year-Old Student Fatally Shot in the Head

    23-Year-Old Student Fatally Shot in the Head

    Saturday, April 12 2014 4:26 PM EDT2014-04-12 20:26:51 GMT
    A 23-year-old Erie man was fatally shot in the head early Sunday morning. The incident happened in 600 block of Kahkwa Boulevard. The victim, Abram Sorek, was a student at Saint Vincent College in Latrobe,More >>
    A 23-year-old Erie man was fatally shot in the head early Saturday morning. The incident happened in 600 block of Kahkwa Boulevard.More >>
  • College Shooting Victim Was With Friends (Update)

    College Shooting Victim Was With Friends

    Sunday, April 13 2014 6:51 PM EDT2014-04-13 22:51:38 GMT
    We're learning more about the 23-year-old college student from Erie who was fatally shot in the head early Saturday morning. The deadly shooting happened in the home of a friend at 609 Kahkwa Boulevard,More >>
    We're learning more about the 23-year-old college student from Erie who was fatally shot in the head early Saturday morning. The deadly shooting happened in the home of a friend at 609 Kahkwa Boulevard,More >>
  • "Chopped" Culinary Showdown at Mercyhurst

    "Chopped" Culinary Showdown at Mercyhurst

    Tuesday, April 15 2014 11:57 PM EDT2014-04-16 03:57:51 GMT
    A culinary competition put Mercyhurst University hospitality students' cooking and creativity to the test, in the style of the hit Food Network show "Chopped" - all for the March of Dimes.  "We reallyMore >>
    A culinary competition put Mercyhurst University hospitality students' cooking and creativity to the test, in the style of the hit Food Network show "Chopped" - all for charity.More >>
  • Opportunity to dispose of unwanted and unused drugs

    Opportunity to dispose of unwanted and unused drugs

    Wednesday, April 16 2014 1:27 PM EDT2014-04-16 17:27:39 GMT
    Residents have the opportunity to dispose unused, unwanted or expired medications from around the house April 25. People can take the drugs and prescriptions to the UPMC Hamot women's hospital lobby onMore >>
    The drug take back is held in conjunction with the Drug Enforcement Administration's national collection day.More >>
Powered by WorldNow
3514 State St. Erie, PA 16508
Newsroom: (814)454-8812
Toll Free: 1(800)454-8812
Business offices: (814)454-5201
WICU FCC Filing
WSEE FCC Filing
Share:
Share Stories
Submit your stories to our site!
Share Photos
Share your photos in our community galleries
Mobile:
Mobile Site
Be sure to stay constantly updated with the power of WICU12 and WSEE at your fingertips
Free Android App
Free iPhone App
Free iPad App
Storm Tracker App
Droid
iPhone
iPad
All content © Copyright 2000 - 2014 WorldNow and WICU. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.
                   WICU/WSEE - 3514 State Street Erie, PA 16508 - (814) 454-5201 - info@wicu12.com