UPDATE: SEPTA and the Philadelphia School District have said that there is a "basic framework to continue providing Transpasses for the schoolchildren of Philadelphia for the upcoming school year." They are hammering out a one-year agreement which would keep giving 60,000 kids free public transportation. A final agreement should be worked out in the next few weeks, they said.
UPDATE: In a nutshell: the full-day kindergarten issue has been solved. Federal Title I dollars will be used to fund the program; a solution that Superintendent Arlene Ackerman said only came together Friday afternoon. She said this was not an option before this week. This is a permanent fix, but will mean that money has to come from other things typically funded by Title I money, which have historically included professional development, summer programs, reduced class size initiatives, etc. No decisions have been made on what to cut.
BREAKING: Parents briefed by the superintendent this afternoon say the announcement will be the restoration of full-day kindergarten for 2011-12. The program will be paid for through Title I funds.
EARLIER: Philadelphia School District Superintendent Arlene Ackerman and Deputy Superintendent Leroy Nunery will brief the media at 3:30 on the district's 2011-12 budget, which was adopted Tuesday with deep cuts. I will live Tweet whatever the announcement is. Follow here or below.