Yonkers City Schools Reportedly Facing $44 Million Deficit

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YONKERS, N.Y. -- The Yonkers school district has a $44.3 million deficit and is looking at a shortfall of $39 million for the 2014-15 budget, according to a LoHud.com report. 

The numbers were released in an interim report by city Finance Commissioner John Liszewski. The report went on to say that the Finance Department within the school's system is understaffed and that the district inappropriately counted state-aid advances totaling $28.1 million for the 2012-13 and 2013-14 school years, LoHud.com reported. 

Click here to read the full article. 

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