PROVIDENCE, R.I. (WPRI) -- Newly filed court documents show Providence officials estimate the city could owe the state-run school district up to almost $55 million as a result of a court ruling made last week. The memorandum, filed Tuesday in R.I. Superior Court by the city's attorneys Dean Wagner and Edward Pare, lays out five possible outcomes. Pare and Wagner believe the city could owe a total of anywhere from $11.2 million to $54.8 million to the Providence Public School District after Superior Court Judge Jeffrey Lanphear ruled the city was not complying with the Crowley Act. The state law stipulates that municipal funding for school districts under state intervention must be increased by the same percentage as the increase in statewide school aid.  Lanphear has not yet determined how much the city should pay the district. A hearing is scheduled for next week. The attorneys laid out five scenarios that calculated how much city taxpayers could be on the hook for, based on a complicated set of criteria. Mayor Brett Smiley said on Tuesday that depending on how much a judge rules Providence owes, the city was looking at also looking layoffs, program cuts and potential tax increases. "There are going to be real consequences as a result of this ruling," the mayor said Tuesday. On Thursday, R.I. House Speaker Rep. Joe Shekarchi said he would keep an open mind about any help the state could provide to the district, and would even consider making reforms to the Crowley Act. "Everything is always on the table. Nothing is prejudged," Shekarchi said. But Shekarchi said with federal COVID-19 relief money drying up, the state budget will tighten. He said the R.I. General Assembly wouldn’t be able to intervene until the next session in January. "The State House is a beautiful building, but I assure you there is no printing press in the basement," Shekarchi said. "Unlike the federal government, we have to live within our means." Gov. Dan McKee has already told the R.I. Department of Education the state can’t help, as Rhode Island faces its own deficit of around $335 million. Providence Public Schools have been controlled by the state since 2019. Throughout the intervention, the R.I. Department of Education has said state aid to the district has increased by $30.5 million compared to the city’s increase of just $5.5 million. Superintendent Dr. Javier Montañez applauded the court’s recent ruling, and said Tuesday that amid the financial dispute, student needs have continued to grow and be ignored by the city. "Years and years and years of underfunding our students," Montañez said. "That is the reason why we're here." Montañez has warned that cuts to things like RIPTA bus passes for some students, school sports, and layoffs of non-union staff were on the table. The district previously sent out a letter with a timeline showing that it would begin notifying coaches and principals of its intent to cancel winter and spring sports, and that it would notify RIPTA of its intent to modify its service agreement. It was unclear if the district was still adhering to that timeline amid the ongoing litigation. Target 12 reached out to the district on Thursday but did not hear back. RIPTA spokesperson Sara Furbush told Target 12 that the agency was continuing negotiations with the district and had no further information on Thursday. Target 12 also reached out to the R.I. Interscholastic League for comment but did not immediately hear back on Thursday. Alexandra Leslie ([email protected]) is a Target 12 investigative reporter covering Providence and more for 12 News. Connect with her on Twitter and on Facebook.