HWL Insights

School district Chief Financial Officers (CFOs) face mounting financial pressures in 2025. Escalating labor costs, staffing shortages, and the expiration of federal COVID relief funds are driving operating fund balances down—from 26% in 2024 to 24% this year, with further declines expected in 2026, according to Moody's Ratings. Staffing costs now exceed pre-pandemic levels, while districts struggle with teacher shortages, rising contracted service expenses, declining enrollment, and compliance risks tied to contingent labor.

Every day, healthcare workers strive to provide the best possible care for patients. However, a growing crisis threatens their well-being and the quality of patient care. Recent research by the University of Pittsburgh School of Social Work reveals startling statistics: 73% of hospital workers who left their jobs cited understaffing as the primary reason, and a staggering 87% reported high levels of burnout.