Will your property taxes increase? Pa. schools face potential $1 billion in lost revenue because of coronavirus

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Pennsylvania's school districts are preparing their budgets as they face a significant loss in revenue -- up to $1 billion by some estimates -- due to the coronavirus.

It’s budget time for Pennsylvania’s school districts, and while the difference between revenue and expenses is always tight when it comes to education, this year is particularly worrisome.

The state’s schools are looking at a loss in local revenue of roughly $1 billion in the next school year because of the coronavirus.

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