Mayor, council reach a deal on money for school district

michael nutter
Mayor Michael Nutter and city officials have reached a deal to bridge the school district’s funding gap.
Credit: Rikard Larma/Metro

The impasse is over.

Mayor Michael Nutter and City Council President Darrell Clarke reached an agreement on how to supply the school district with its needed $50 million.

Essentially, Clarke won.

Nutter announced Wednesday that he signed Clarke’s bill, which approves the purchase of 24 shuttered school buildings from the School District of Philadelphia for $50 million. The district, which will retain ownership of the properties, will work with the Commerce Department to sell the buildings to recoup the city’s money. In the meantime, the city will transfer $60 million to the district earlier than usual to keep it from running low on dough.

The buildings will be up for sale sometime next week.

On the compromise, Nutter said he thinks Clarke is “fiscally conservative, and possibly liberal on some other issues, and we share that.”

Nutter said the two agreed the buildings needed to be disposed of as quickly as possible.

Nutter’s plan was to extend a sales tax and borrow from future revenue, but it never gained any favor.

Clarke said there has been significant interest in the properties, including three parties that have already offered to buy all of the 24 vacant properties in one deal.

____________________

Follow Tommy Rowan on Twitter: @tommyrowan

Follow Metro Philadelphia on Twitter: @metrophilly

Follow Metro Philadelphia on Facebook: Metro Philadelphia



News
Entertainment
Sports
Lifestyle
Local

MTA fares still increasing 4 percent in newly…

The agency said the 4 percent increases, previously announced in December, will remain steady even as the MTA deals with increasing labor costs.

Local

De Blasio, Bratton defend city's efforts after Eric…

Mayor Bill de Blasio justified the city's response to the death of Eric Garner, a Staten Island man who died while in police custody earlier this month.

Local

NYPD: Suspect dead after two U.S. Marshals, cop…

A suspected sex offender died after a shooting at a West Village smoke shop that wounded two U.S. Marshals and an NYPD detective on Monday, officials said.

National

PHOTO: New Zealand Heral uses wrong image to…

The New Zealand Herald made a terrible mistake of using the wrong image to illustrate the tragic death of Staff Sergeant Guy Boyland – a New Zealand-born Israeli soldier who…

Movies

'Get on Up' producer Mick Jagger on the…

Mick Jagger, a producer on the James Brown biopic "Get on Up," talks about the time had to tell the singer some bad news and his favorite JB record.

Television

'Glee' star Lea Michele to appear on 'Sons…

"Glee" star Lea Michele has been confirmed as a guest star in the final season of "Sons of Anarchy."

Television

TV watch list, Monday, July 28: 'The Bachelorette'…

See Andi Dorfman make her big choice on tonight's 'Bachelorette' finale.

Entertainment

'Kim Kardashian: Hollywood' game easter eggs and cheats

"Kim Kardashian: Hollywood" is the hottest game of the moment. Here are its best easter eggs as well as some tips and tricks to speed your way to the top.

NFL

Computer to Jets: Start Michael Vick over Geno…

Jets general manager John Idzik says the choice of who starts between second-year quarterback Geno Smith and veteran Michael Vick will be a “Jets decision.”

MLB

Yankees looking to trade for Josh Willingham: Report

CBS Sports’ Jon Heyman reported Sunday the Yankees are interested in Twins outfielder Josh Willingham.

MLB

Joe Torre: I'm in Hall of Fame because…

Joe Torre spent 18 years putting together a near Hall of Fame career as a player. But it was the 12 years he spent as…

MLB

Yankees GM Brian Cashman breaks down art of…

The action frequently accelerates as the non-waiver trade deadline approaches, as it will on Thursday.

Education

Babson College tops list of best colleges for…

Money magazine has just released its inaugural list of "The Best Colleges for Your Money" -- and the answers have surprised many. Babson College, which…

Education

NYC teens learn how to develop apps during…

Through a program sponsored by CampInteractive, the high schoolers designed their own community-focused apps.

Tech

The Ministry of Silly Walks app is both…

Monty Python have dug into their back catalogue for cash-ins once more, but with the Ministry of Silly Walks app, they've made something that's fun too.

Food

Zagat releases '30 Under 30' list

Zagat releases a list of the people changing the food and drink industry across the country.