The Philadelphia School Reform Commission yesterday adopted a "lump-sum" operating budget of $2.4 billion for the fiscal year beginning July 1.
The current year's budget totals $2.3 billion.
The action, required by the City Charter, was just the first step in the budget process. Details of the district's spending plans will be revealed when the budget is proposed at the commission's meeting April 21. A budget must be adopted by May 31.
The $2.4 billion is "our best estimate from the knowledge we currently have of the level of revenues we are likely to receive," chief business officer Michael Masch said.
