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Gehring, John – Education Week, 2004
Top state and local leaders in Maryland announced a plan last February to lend Baltimore $42 million to help the city's financially troubled school system. The money was used by Baltimore school leaders to address what they called a cash-flow emergency for that school year. Money helped pay employees' salaries for the rest of that year, and helped…
Descriptors: Accountability, Educational Finance, Partnerships in Education, Government School Relationship