Recent publicity has called attention to the billions in reserve funds accumulated by Pennsylvania’s 500 school districts, 67 vocational/technical schools and 176 charter schools. Are school districts hoarding funds that could be used to avoid tax increases or program cuts? Are cries that more state aid is needed an exaggeration? Read Explaining School Fund Balances: Are PA Schools, with $4.3 billion in Reserve Funds, Really Flush? Just the (Dry) Facts by David Davare, Pennsylvania Economy League Central’s Director of Research.