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Banks as tenants: Cleaning and maintaining foreclosed properties bad for banks, good for specialists (access required)

The time, effort and money required to upkeep a home that normally would have been put in by the homeowner shifts to the bank when occupants desert their house. Lenders have to pay to clean up their sometimes-trashed properties to get them ready to sell. These properties, which will sell at a drastically lower price than when they were new, are putting a great strain on those institutions’ profitability, which affects their ability to make new loans.

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Budget crunch forces schools to cut back on nurses (access required)

As funding continues on a downward spiral, educators and administrators are faced with the daunting task of keeping schools staffed and operating. While the laying off of teachers grabs the majority of school budget-cut headlines, there is a whole other group that is just as vital to kids’ success in schools and whose numbers are also dwindling: nurses.

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Time is Out: School districts out of ELL compliance face losing money (access required)

Time has run out for school districts that aren’t compliant with the state’s English Language Learner program.

In the three years since the program, which requires four hours a day of English immersion for students who aren’t proficient in the language, was established, not one school district has been sanctioned financially for non-compliance, even though a sanction is required by law, according to a report by the Office of the Auditor General.

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It’s high time for school finance redesign

Funding Arizona’s K-12 public schools is on the mind of every educator, most policymakers, and business leaders — those who count on a ready workforce. The Arizona Business & Education Coalition (ABEC) presents a set of proposals to redesign the school finance system entirely, to support increasingly higher levels of learning in all public schools.

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