A first look at today's most important education news:
More than 40 percent of superintendents in New York State will be unable to balance their budgets by 2016 if their current income and commitments remain the same, according to a new survey. (Associated Press)
Oil booms in some communities have raised property values—and tax revenues—but school-funding rules keep some districts from spending that income on local education. (Wall Street Journal)
The Indiana Supreme Court will hold a hearing today on a suit challenging the Hoosier State’s voucher program. (Associated Press)
Sources tell the Philadelphia Daily News that the former Chief Financial Officer of the Prince George’s County, Maryland schools—who was forced to resign this fall following a payment scandal—has been named the new CFO of the School District of Philadelphia.
New York City plans to use online classes to reach students displaced or otherwise impacted by superstorm Sandy. (Associated Press)