St. Helena Update – “B” Word Mentioned

The latest in the St. Helena Schools saga.

Bankruptcy option mulled

Lack of funds and crumbling buildings could force the St. Helena Parish School Board into bankruptcy proceedings in late 2012, a board consultant testified Monday in Baton Rouge federal court.

But a Louisiana Department of Education official testified continued deficit spending by the School Board may require the state to appoint a fiscal administrator to avoid such failure.

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