Paul Yacobian

"... CLEVELAND Cleveland public schools may have to borrow money from the state if significant spending cuts, including layoffs. aren't made, according to the district's top financial official. Schools Treasurer Paul Yacobian said yesterday hc has notified Superintendent Frank Huml that more cuts must he made to avoid state receivership, a requirement when a district borrows money from the state Receivership would ..."

"... borrowed $20 7 million to avoid ending the 1978-79 school year with a deficit Thc budget does not contain raises for teachers, whose contracts expire in thc fall. Treasurer Paul Yacobian said. Donald Waldrip, thc desegregation administrator. said hc is counting heavily on federal funds to run his department Board President John Gallagher said he will meet soon with Superintendent Peter ..."

"... would be penalised if they failed payments fcc Stay and 117 previously budgeted a troubled the state s larga! need th calendar year?" Ote legislators have cleared tte executive Paul Yacobian, treasurer of Tuesday night district nec C milhon of tte Oveland, a conferee Barberton. came after con- milten kian tbs month to But Sen Sunley J a cs softened language ..."

"... facility board, Cleveland Deficit Despite Layoffs CLEVELAND (AP) The Cleveland school system still faces a $31 milhon deficit in 1981. layoffs of 260 teachers and 80 teachers? aides, Treasurer Paul Yacobian said. The layoffs were announced Friday as part of an effort to resolve a projected $45.8 million shortage. The layoffs, which will save $4 million, are effective Monday. Smith By ..."