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Philadelphia School District Gets New CFO

By Pat Loeb

PHILADELPHIA (CBS) - The Philadelphia School District will get a Chief Financial Officer, on Monday, for the first time in nearly 11 months.

Matt Stanski worked with superintendent Bill Hite in Prince Georges County, Maryland and Hite says he's happy to have Stanski back on his team.

"A large part of his qualifications is his experience with doing many of the things that we're going to be faced with doing in Philadelphia," said Hite.

Hite says he took Prince Georges from a $300 million deficit, three years ago, to a $40 million dollar surplus.

But board members there fired Stanski in September when they learned he'd written a six-figure check to a district official after she resigned. Prince Georges sources described it as a pay-out to which she was not entitled.

Stanski appealed his dismissal and the board later allowed him to resign. Hite says he's familiar with the episode and thinks Stanski did nothing wrong. He notes other Philadelphia officials helped make the decision to hire Stanski here.

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