Neshaminy School District facing up to $22 million in debt

With about $10 million more in expenditures than is in the current budget, Neshaminy School District now faces an $11.2 million budget gap. That figure could climb to $22 million if the Neshaminy Federation of Teachers is granted retroactive pay promised in a recent contract.

The Bucks County Courier Times reports the district began the year with a $2 million deficit just from the lack of federal stimulus money. Last year’s budget had a $7.3 million deficit.

A full preliminary budget is expected in the coming days.