School Closings and 2013 Budget on Tap for SRC Today

Anyone have a spare $400 million lying around? Today, the School Reform Commission will meet to determine the fate of nine schools that might need to close in the Philadelphia School District. Additionally, the SRC will introduce the preliminary budget for 2013—and it might be $400 million short of what they’ll have. So, everyone go home and break open their piggy banks, it’s going to be a rough one. [Inquirer]