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Financial Recovery

Background

The Pennsylvania Department of Education placed the District on Financial Watch Status on June 5, 2017, in accordance with section 611-A of the Publich School Code of 1949, 24 P.S. 6-611-A. The district entered Financial Recovery Status on January 16, 2019, as defined by section 621-A of the Public School Code of 1949 and section 18.5 of the Pennsylvania Code, 24 P.S. 6-621-A; 22 Pa. Code 18.5.

Dr. Daniel Matsook, former superintendent of the Central Valley School District and assistant superintendent of the Penn Hills School District, was appointed as the district's Financial Recovery Officer.

Resources

Penn Hills School District Exits Financial Recovery Status

The Penn Hills School District is proud to announce that we have officially exited Financial Recovery status as of May 23, 2024. This significant achievement was announced by Pennsylvania’s Secretary of Education, Dr. Khalid Mumin, at Penn Hills Middle School.

Background:

  • Placed on Financial Watch Status: June 5, 2017
  • Entered Financial Recovery Status: January 16, 2019
  • Appointed Financial Recovery Officer: Dr. Daniel Matsook

Key Accomplishments Over the Past Five Years:

  • Increased capital reserve fund from $600,000 to $8 million.
  • Reversed a negative fund balance to a positive $19 million.
  • Improved credit rating and reduced long-term debt.
  • Eliminated the need for Tax Anticipation Notes (TAN).
  • Enhanced investment strategies and ended the use of one-time funds for recurring expenses.
  • Developed a sustainable capital project list.
  • Right-sized district staffing levels.

Future Outlook: Superintendent Dr. John Mozzocio emphasized continued financial responsibility and transparency. Our community’s unwavering support has been crucial, and we are committed to moving forward in a financially responsible manner.

For further inquiries, please contact our district spokesperson, Sarah McCluan, at 412-841-8221.

Letter Terminating Moderate Financial Recovery Status

Declaration Terminating Moderate Financial Recovery Status

Final Exit Petititon

Recent News

Penn Hills School District Exits Financial Recovery Status

We are thrilled to announce that the Penn Hills School District has officially exited Financial Recovery status. This monumental achievement was announced on May 23, 2024, by Pennsylvania’s Secretary of Education, Dr. Khalid Mumin, at Penn Hills Middle School.

Penn Hills is Hiring!

The Penn Hills School District is excited to announce several open positions and is looking for talented individuals to join our team! 

Linton Middle School's Heartfelt Mentor Appreciation

Over the past two days, Dr. Robinson and YESS Team member Miss Nia guided over 30 eighth-grade students in delivering a special gift to someone of their choosing. About a month ago, an idea was hatched to create t-shirts that allow our kids to give thanks to someone in the building who has truly been a mentor to them during their time at Linton.

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