Ohio School District Relies on Chesapeake Energy Payments to Balance Budget
The superintendent of an eastern Ohio school district says that without a new drilling lease with oil and gas company Chesapeake Energy, the district would be in a financial emergency. The superintendent of the Edison school district, located near the West Virginia border, says the school district expects to receive a a $700,000 payment from the drilling company this summer. The school district is counting on the money to balance its budget for the coming school year.