As we’ve talked about before, Hillcrest High School in Riverside, California has state-of-the art facilities. But, it has no students. Financed with $105 million of bond money allocated in 2007, the school now lacks the $3 million it needs from the state to operate for one year. California state budget cuts of $18 billion, one-third of the state’s education funding, keep Hillcrest’s halls and classrooms empty.
In similar dire straits as California, Minnesota’s state government this summer borrowed $2.2 billion from its public schools to end a government shutdown. The state has not set a date by which to pay the schools back.