The TRUTH is that school will NOT close but, they will slowly lose program accredidation if their finances are not in order everytime an audit is done. What simply needs to be done is for administrations to use money for its intended purpose. Money is allocated for various programs. If the money is to be used for the home economics department then don't use it for the band program. That way your books stay in order and everything is accounted for.
This is just my opinion.
I hope everyone had a wonderful summer and to those returning to school, GOOD Luck with the new semester.