Central Falls receiver awaits ruling on schools

Central Falls’ state-appointed receiver says he is “largely done” with his work on the city’s finances and is waiting for a judge to rule on whether his office may cut costs in the schools.

Receiver Robert Flanders Jr. says U.S. Bankruptcy Judge Frank Bailey is expected to rule within weeks on whether the school district is part of the city’s bankruptcy proceedings.

Flanders has asked to extend his authority to address school finances. If the judge agrees, Flanders says he has several months of work of “restructuring and negotiations” on teacher contracts.

The state assumed financial control of the school district 20 years ago. It’s run by a state-appointed board.

Flanders says he hopes the receivership will end before the one-year mark of the bankruptcy on Aug. 1.

Article source: http://www2.turnto10.com/news/2012/mar/15/central-falls-receiver-awaits-ruling-schools-ar-966316/

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