Courtesy of
Education Nation:
The plan released on Friday doesn't include classroom
cuts. Instead, savings and revenue identified to fund the first year of
the contract,
according to the district, include:
- Operations: Reduce lunchroom costs and general fund subsidy ($11 million); Achieve additional procurement savings ($10 million)
- Administration: Delay or cancel filling vacant, non-teaching
positions ($8 million); Additional administrative reductions, targeting
savings from printer consolidation, limiting equipment purchases,
subscriptions and professional memberships ($4 million)
- Financial: Capitalize interest on FY12 bond sale ($13 million);
Sell surplus properties ($15 million); Debt restructuring ($42 million).
The contract includes a new
evaluation system and an agreement that some teachers can keep their
jobs if schools close. It also includes an agreement on implementing a
longer school day.
Salary increases amount to $103 million of the first year of the contract.
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