Erin Hudson

American public schools went on a borrowing binge in 2025, marking the sector’s biggest year for municipal debt sales in over a decade as dipping enrollment and elevated inflation strain districts’ budgets. School systems around the US issued about $82 bi... See more

The wealthy New Jersey commuter town of Montclair is moving forward with staff and program cuts at its public schools as part of the system’s efforts to address a nearly $20 million budget gap. Principals across the Superintendent Ruth Turner called Frida... See more

The wealthy New Jersey commuter town of Montclair is moving forward with staff and program cuts at its public schools as part of the system’s efforts to address a nearly $20 million budget gap. Principals across the Superintendent Ruth Turner called Frida... See more

A New Jersey judge ruled that a vote on whether to increase property taxes in the wealthy commuter town of Montclair after school officials discovered a budget deficit of nearly $20 million can’t go forward as scheduled next week. Superior Court Judge The... See more

An affluent school district in New Jersey is cutting staff and eyeing a property tax hike to address a nearly $20 million surprise budget hole uncovered this summer. “The process of making and communicating staffing reductions is incredibly difficult,” sa... See more