Former PGW Head Tom Knudsen Named Philadelphia's Tax-Collector-in-ChiefThe man who helped both the Philadelphia Gas Works and the Philadelphia School Disrict address their financial woes has been chosen by Mayor Nutter to take charge of going after the city's many tax deadbeats.
Philadelphia School District Needs To Borrow $300M To Get Through Next 2 YearsThe school district's five-year financial plan includes a huge loan, says chief recovery officer Tom Knudsen.
Larger-Than-Expected Budget Deficit For Philadelphia School DistrictAfter reviewing the just-adopted city and state budgets, Philadelphia school officials say the district's budget deficit is even larger than first predicted.
School District Pleads With City Council For Extra FundingSchool District leaders met with City Council members yesterday, to try to persuade them to support Mayor Nutter's Actual Value tax plan and the extra $94-million it would provide for the district.
SRC Official Says Schools May Not Open This FallChief Recovery Officer Tom Knudsen says if City Council doesn't approve $94-million from the mayor's Actual Value tax initiative, it's not clear that schools will be able to open in September.
Philadelphia School District Could Close 40 Schools Next YearAs it looks to slash spending and improve achievement, the Philadelphia School District on Tuesday announced a plan to restructure itself.
Philadelphia School Offcials Change Leadership With Tough Budget Cuts AheadFormer Acting Superintendent Lee Nunery (left) and Former Chief Business Officer Michael Masch will now act as special advisers to Chief Recovery Officer Thomas Knudsen.