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Distressed Districts: Two laws help schools deal with aftermath of financial mismanagement (access required)

Even in good economic times, school districts struggle to meet their financial obligations, leading a few to slip into receivership while others are victimized by various methods of fraud. But in an era of cutbacks in state spending and tight budgets, vigilance on where the dollars are going takes on even greater importance for schools, whose primary role is providing kids with a quality education.

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