St. Louis schools' closing is first step
Thursday, July 17, 2003
If you want to know what happens to public education when your population decreases and your tax base shrinks, just look to St. Louis. Officials there announced this week that 16 public schools will be closed this school year to cut costs in the cash-strapped district. Trying to improve on a $90 million cash shortfall, the district hopes to save $15 million by closing the schools and another $14 million by selling vacant school facilities.