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Florida’s public high school students benefitting from financial literacy requirement

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Florida’s public high school students benefitting from financial literacy requirement

Do you know the difference between interest rates and mortgage rates? What about a high-yield savings account?

Many of us learn about these terms well into adulthood, if at all, whereas public high school students in Florida do not.

That’s because financial literacy is now a requirement for graduation.

Ms. Martha Delgado doesn’t teach your typical high school class. When students leave her classroom, many will be well ahead of most adults in managing money.

“I worked during the summer, so 30% of my paycheck goes to my savings and the rest goes to my wants and needs,” Willne Pierre said.

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Robert Morgan High School juniors Pierre and Diego Acosta are part of a growing group of Florida public school students who will graduate equipped with financial literacy and money management skills.

It’s all thanks to the Dorothy L. Hukill Financial Literacy Act that Gov. Ron DeSantis signed into law in 2022. The law requires students to take a personal finance course, and the class of 2027 will be the first class to graduate under the new requirement.

The instruction students are getting goes beyond opening a checking or savings account; they’re also learning how to invest, use credit cards responsibly, understand credit scores, and even apply for financial aid when they go to college.

“They’re learning about when you go to get loans, how do the loans work, compound interest, simple interest, things that I would’ve loved to have when I was growing up as an adult and applying for a loan for a house or a loan for a car,” Delgado said.

Low financial literacy often leads to high debt. Across the country and here in South Florida, people are carrying more debt.

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A data tool, the Opportunity Atlas, from the U.S. Census Bureau and Opportunity Insights at Harvard University, takes us inside how South Floridians are faring financially in adulthood.

When looking at people born between 1978 and 1985 across all income levels and races, those in Miami-Dade County had some of the highest levels of debt in the state.

In 2020, the average credit card balance was $5,800, and the average student loan balance was around $18,000.

The average credit scores of those growing up in Miami-Dade were lower than the national average.

“I feel like I can better help my kids because I love my mom, but she hasn’t been able to help me because she doesn’t understand that much, but Ms. Delgado was able to help me, and I want to help other people too,” Acosta said.

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Delgado can relate to many of her students, who, like her, come from homes where their parents aren’t able to teach them to manage money responsibly.

“My dad was the single breadwinner,” she said. “We were five kids, so it was a lot for my father, so my dad was just work, work, work, work, so he really didn’t have the time or the tools to tell me anything about financing.”

The Opportunity Atlas shows the economic mobility disparities, that 90% of children born in 1940 earned more than their parents, but today only half do.

But it’s classes like Ms. Delgado’s that could go a long way to help bridge the wealth gap.

Acosta and Pierre are already well on their way to a better financial future. At only 16, both are QuickBooks-certified, and they’re not stopping there.

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“My long-term goal is definitely to save for a house that’s number one, and I’m already starting to save for college,” Pierre said.

Finance

Crystal City ISD laying off 25% of staff amid financial crisis

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Crystal City ISD laying off 25% of staff amid financial crisis
FILE – Crystal City ISD Administration Building (Google Earth)

CRYSTAL CITY, Texas – Seventy-two employees of the Crystal City Independent School District are being laid off as part of the district’s plan to prevent “imminent financial collapse,” according to a letter posted by the district Thursday.

The district filed for financial exigency with the Texas Education Agency last month after leaders realized the severity of its financial issues.

Crystal City ISD interim superintendent Grill said the cuts were “emotional and unfortunate,” but said the situation could have been avoided “by not overspending and overemploying.”

Nearly 90% of the district’s operational budget is spent on employee payroll and benefits, the letter said, which is “far above” the recommended level of about 75%.

The district said it now faces “significant debt obligations” after spending $10.6 million in reserve funds, including:

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  • A repayment of a $4.5 million loan with interest to cover employee payroll through August 31

  • A repayment of a $2.7 million loan taken from the district’s Interest and Sinking & bond account

  • Reduce payroll and benefit expenses by about $3.4 million

  • Pay off $1.1 million in unpaid debt

  • Unknown costs tied to deferred facility maintenance, transportation repairs.

KSAT reported that Crystal City ISD laid off 32 employees in late 2024 because of financial issues.

The district said it expects to continue implementing cost-saving measures throughout the summer.


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Athol Finance Committee recommends passing 30 of 34 Town Meeting articles – Athol Daily News

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Athol Finance Committee recommends passing 30 of 34 Town Meeting articles – Athol Daily News

Overview:

The Athol Finance and Warrant Advisory Committee recommended passing 30 of the 34 Town Meeting articles, with two recommended against and two held until the next meeting. The two articles that were not recommended for passage dealt with the town’s responsibility for maintenance of private roadways. Article 29 would amend the town’s bylaws to allow temporary repairs to be made to private ways, while Article 34 would require the town to minimally maintain all asphalt private roads. The committee decided to delay action on Articles 7 and 21 until the Selectboard addresses the issue at its meeting on Tuesday.

ATHOL – A recent meeting of the Finance and Warrant Advisory Committee saw a recommendation to pass 30 of the 34 Town Meeting articles, with two recommended against and the two more held until the next meeting.

In light of the uncertainty over the details of Article 29 and concerns regarding Article 34, a citizen’s petition, the committee voted unanimously not to recommend passage. The two articles each have to do with the town’s responsibility relative to maintenance of private roadways, including temporary repairs and plowing.

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Article 29 would amend Chapter V, Section 33 of the town’s bylaws by removing the wording of Section 33 in its entirety and replacing it with new language. This section of the bylaw deals with the maintenance of private ways.

The new wording describes temporary repairs as including “grading and/or the filling of holes or depressions, as the superintendent of public works may deem suitable…[I]n no event shall such temporary repairs include extensive construction, reconstruction or installation of drainage.” The work would be done at the discretion of the highway superintendent.

The article also states that a petition from three-fourths of the abutters on a private way asking for temporary repairs can be presented to the Selectboard and forwarded to the Department of Public Works director. It will be up to the director to determine whether the requested repairs constitute a “public necessity.” The Selectboard will then vote to either approve or deny the petition following a public hearing.

Committee Chair Ken Duffy pointed out the existing bylaw requires petitions to be signed by all of the abutters. DPW Director Paul Raskevitz. added that, while the property of abutters on most private ways extends to the middle of the road, King Road is different.

“That one whole road is owned by one person on the end,” Raskevitz said at the committee’s meeting on May 12.

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Article 29 also states that, if a petition is approved, the town manager must then determine if funds are available to do the work, “whether the financing…requires an appropriation, or borrowing.” If approved, the Selectboard must also determine if abutters will be assessed betterment charges and whether they will be required to put down a cash deposit for the work.

Article 34, submitted as a citizen’s petition from residents of King Road and other private ways, would maintain the wording of Chapter V, Section 33, relative to private roads. It also calls for the town to “minimally maintain all asphalt private roads” in the town. Such maintenance would include annual filling of potholes “with use of only asphalt or asphalt-based materials” and “minimal repairs of road drainage issues,” such as repairs to culverts.

“I was out on King Road Sunday,” said committee Chair Ken Duffy. “That first quarter mile is a bomb field. I know nothing about roads, but to me, we don’t have enough patch in this town for that section. That first two-tenths of a mile has got to be right down to the ground, to the dirt.”

“The problem is the lowest part,” said DPW Director Paul Raskevitz. “After it rains, it’s covered in standing water everywhere.”

Regarding the articles, said Duffy, “I think we have to think long and hard about what we’re getting into. After Article 29, the petition article says all the town roads are to be maintained, including that potholes be filled.”

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Raskevitz said there are currently 33 private roads in Athol totaling about three miles in length. Of that number, only seven are plowed by the town in winter, through a memorandum of understanding approved by the Selectboard.

“Plowing it is one thing,” said Duffy. “Maintaining is a whole different ballgame.”

Town Manager Shaun Suhoski said the current wording for Article 29 is “just a placeholder,” adding that the Selectboard will look at a shorter version at its meeting on Tuesday, May 19.

“It’s a little too close to Town Meeting to change it,” Suhoski said. “I think we’re going to need a fall meeting this year.”

The articles on which the committee decided to delay action were Articles 7 and 21, both of which will be taken up by the Selectboard at its meeting on Tuesday. Article 7 deals with the proposed town budget for FY 27, while Article 21 asks for a transfer of $100,000 from free cash to the account set aside for “demolishing or securing unsafe structures.”

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Several committee members, including Mike Butler and Vice Chair Ben Feldman said that, at this juncture, they opposed such a transfer. Both decided to wait until the committee’s meeting next Wednesday to see how the Selectboard addresses the issue at its Tuesday meeting before entertaining a motion to not recommend Article 21.

The Selectboard meeting on Tuesday, May 19, begins at 7 p.m. in Room 21 at Town Hall. The May 20 meeting of the Finance and Warrant Advisory Committee starts at 5:30 p.m., also in Room 21. Town Meeting takes place on June 8.

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Casino Group Communication

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Casino Group Communication
Groupe Casino

Harmonization of the procedural framework for discussions
relating to the adaptation and strengthening
of the Casino Group’s financial structure

Paris, 15 May 2026

Further to the Group’s previous communications regarding the project to strengthen and adapt its financial structure, discussions are continuing with financial creditors across various entities within the Group.

As the formalization of a comprehensive agreement is facilitated by the existence of a uniform framework, the Group has applied to the President of the Paris Economic Activities Court for the opening of conciliation proceedings for the benefit of several of its companies1 for an initial period of four months, potentially extendable by one month. In this context, the appointment of SCP BTSG (Maître Marc Sénéchal) as conciliator is being considered for certain of these entities, while the appointment of SCP CBF Associés (Maître Lou Fréchard) is being sought as conciliator for Quatrim.

The Group will seek the consent of Quatrim’s high-yield bondholders for the opening of conciliation proceedings concerning Quatrim and Monoprix SAS, being respectively borrower and guarantor of these bonds.

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These conciliation proceedings, which are consistent with those initiated early March2, only concern the financial debt of the companies involved and will have no impact on the Group’s relationships with its operating partners (in particular its suppliers) and employees. Operational activities will continue as normal, in line with the Group’s strategic priorities.

***

ANALYSTS AND INVESTORS CONTACTS

Charlotte IZABEL – cizabel@groupe-casino.fr – Tél: +33 (0)6 89 19 88 33

IR_Casino@groupe-casino.fr – Tél : +33 (0)1 53 65 24 17

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PRESS CONTACTS

Casino Group – Communications Department

Stéphanie ABADIE – sabadie@groupe-casino.fr – Tél : +33 (0)6 26 27 37 05

directiondelacommunication@groupe-casino.fr – Tél : + 33(0)1 53 65 24 29


1 Casino Guichard Perrachon, Naturalia France, Monoprix SAS, Monop’ SAS, Samada, Aux Galeries de la Croisette, Monop’Station, O’Monoprix, OLogistique, C- Logistics, C-Technology, CLR, CLV, CShield, Cnova France, IGC Services, Cnova Pay, Casino Finance, Franprix Leader Price Holding and Quatrim
2 Press release dated 9 March 2026 : conciliation proceedings initiated for the benefit of Maas, Sédifrais, ExtenC, Monoprix Holding, Monoprix Exploitation, Distribution Franprix, Franprix-Leader Price Finances, Achats Marchandises Casino and Cdiscount

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