September 1, 2014

Elyria
Intermittent clouds
86°F
test

Lorain Schools likely to face fiscal emergency even if levy passes

LORAIN — The school district is expected to become insolvent and declare fiscal emergency this spring, triggering a state financial takeover even if a levy passes in November. “I won’t have the cash to finish out the year,” School Treasurer Dale Weber said after Thursday’s Board of Education meeting where board members closed out the Read More…