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Wednesday, November 27, 2013

Ohio School District Rakes In Drilling Money

From Shale Play:
Switzerland of Ohio Local Schools has received more than $1 million so far from Marcellus and Utica shale drilling deals, but Treasurer Lance Erlwein said Ohio's largest school district in terms of geographic area is still headed for the "fiscal cliff."
"The lease proceeds are a much needed shot in the arm to our general fund, and they will be used for day-to-day operations," said Erlwein. "Despite receiving those funds, we were still forced to make devastating cuts. And we only have enough operating funds to end this current school year - and finish the next school year."
Read the entire article here. 

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