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View Diary: 25,000 Chicago Teachers will vote to Strike Next Week (37 comments)

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  •  CPS has $700+ million surplus (3+ / 0-)
    Recommended by:
    jofr, JeffW, semioticjim

    check out for yourself. and stop spreading corporate media lies.

    Comprehensive Annual Financial Report for the Year Ended June 30, 2011
    http://www.cps.edu/...

    Those that know, do. Those that understand, teach. -Aristotle

    by Hyde Park Johnny on Fri Jun 01, 2012 at 04:39:07 PM PDT

    [ Parent ]

    •  Surplus was 373M, and many items were... (1+ / 0-)
      Recommended by:
      Sparhawk

      ..one-off.

      Page 35 of your link

      Actual General Operating Fund expenditures were $373 million under budget. The variance is primarily due to:

      Salary
      Total salary expenditures were below budget by $127 million for a variety of reasons. First, CPS was able to decrease its salary by $35 million from the budgeted level because of fewer teacher positions staffed due to lower enrollment, as well as retirement and vacated positions not being filled. Second, discretionary funds such as SGSA and Title funds hired fewer positions than were budgeted, lowering the salary cost by $21 million below budget. Third, payments for substitute teachers came in lower than the
      budget by $13 million since there were fewer teachers than before. Fourth, due to vacancy and turn-over, salary costs for lunchroom funds came in below budget by $14 million. Fifth, because of timing of grant awards and vacancy factors, other federal grants spent $44 million below budget on salaries.

      Deficit for this year ominous...
      CPS budget for 2013 has huge shortfall

      Chicago school district's deficit may be $700 million
      March 28, 2012|By Noreen S. Ahmed-Ullah and Joel Hood, Chicago Tribune reporters

      Despite severe cost cutting, scores of layoffs and wholesale restructuring last year, Chicago Public Schools faces a budget deficit estimated at $600 million to $700 million in 2013, with the cost of a longer school day still unknown, officials said.

      In a presentation to the school board Wednesday, CPS officials are expected to detail how rising costs; steep drops in local, state and federal revenue; and ballooning debt obligations will combine for massive budget shortfalls over the next three fiscal years.

      http://articles.chicagotribune.com/...

      Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. http://www1.hamiltonproject.org/es/hamilton/hamilton_hp.htm

      by PatriciaVa on Fri Jun 01, 2012 at 05:05:25 PM PDT

      [ Parent ]

      •  tribune is anti-union (2+ / 0-)
        Recommended by:
        JeffW, semioticjim

        you continue to promote corporate narrative of union busting.

        Current Condition: CPS finished FY2011 with a strong operating fund balance of $740 million or an increase of $316 million over the prior year. (p 12)
        the tribune has never acknowledge the surplus and the fact that a deficit was used to justify firing 2000 teachers which now has been debunked by CPS' own document.

        Those that know, do. Those that understand, teach. -Aristotle

        by Hyde Park Johnny on Fri Jun 01, 2012 at 05:28:51 PM PDT

        [ Parent ]

      •  are you are troll? PatriciaVa (3+ / 0-)
        Recommended by:
        CentralMass, JeffW, semioticjim
        Are Kossacks also Pro-Vouchers for Education?
        by PatriciaVa on Thu May 31, 2012 at 08:45:28 AM PDT

        Those that know, do. Those that understand, teach. -Aristotle

        by Hyde Park Johnny on Fri Jun 01, 2012 at 05:31:03 PM PDT

        [ Parent ]

        •  HPJ, if you read the context, you... (0+ / 0-)

          ...wouldn't even ask that question.

          I will say that any Kossack who supports Elon Musk's SpaceX must also support vouchers in education.

          Also, would a troll have proposed a graduated tax on wealth, as I have for over a year?

          Regrettably, too many Dems would rather increase the tax burden on the working and middle-class instead of the Warren Buffets and Larry Ellisons of the US.

          Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. http://www1.hamiltonproject.org/es/hamilton/hamilton_hp.htm

          by PatriciaVa on Fri Jun 01, 2012 at 05:41:55 PM PDT

          [ Parent ]

          •  PVa, so what you say to my evidence (2+ / 0-)
            Recommended by:
            JeffW, semioticjim

            of a surplus and that you keep citing the anti-labor Tribune as your primary source for a deficit.

            Those that know, do. Those that understand, teach. -Aristotle

            by Hyde Park Johnny on Fri Jun 01, 2012 at 05:58:28 PM PDT

            [ Parent ]

            •  On the Fund Balance.... (0+ / 0-)

              What CPS says...

              General Operating Fund Reserve: In August 2008, CPS adopted a new policy formally requiring the Board to maintain an unreserved, designated fund balance of a minimum of 5% and a maximum of 10% of the operating and debt service budget. For CPS, 5% represents just one month of our payroll expense. Delayed state aid payments in the past three fiscal years are further evidence that CPS must maintain reserves to offset fluctuations in cash flow. In the fall of FY2011, continued delays in state payments and late receipt of property taxes forced CPS to draw on a “line of credit”. While the loan was repaid when property taxes began to flow into the district, CPS had to pay interest and fees. A healthy fund balance, also known as a reserve fund, could have helped steady cash flow and eliminate the need for short term borrowing. Going forward, CPS plans to maintain adequate fund balance in accordance with its policy by controlling expenditures, saving one-time revenues and encouraging the
              State to resume a regular payment schedule.

              page 13

              5% to 10% of 5.8B in operating revenue is 290M to 580M.  So the 700M is more than adequate, at this point.

              With respect to the 316M increase, much of that came from one-time items, specifically federal funds no longer available.

              Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. http://www1.hamiltonproject.org/es/hamilton/hamilton_hp.htm

              by PatriciaVa on Fri Jun 01, 2012 at 06:25:59 PM PDT

              [ Parent ]

            •  At most, perhaps, the union can argue.. (0+ / 0-)

              ...that it should be able to use 100M of that 700M.

              Hyde Park Johnny, the CPS either needs more revenue or less expenditures.  And if it's going to ask for more revenue, it should not ask for a property tax  or sales tax hike.

              Why not lobby the state for a wealth tax?

              Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. http://www1.hamiltonproject.org/es/hamilton/hamilton_hp.htm

              by PatriciaVa on Fri Jun 01, 2012 at 06:29:30 PM PDT

              [ Parent ]

              •  admin salaries have gone up this year (3+ / 0-)
                Recommended by:
                PatriciaVa, JeffW, semioticjim

                some by 35%

                Those that know, do. Those that understand, teach. -Aristotle

                by Hyde Park Johnny on Fri Jun 01, 2012 at 06:49:32 PM PDT

                [ Parent ]

                •  No school administrator should make more than... (1+ / 0-)
                  Recommended by:
                  JeffW

                  ...80K a year, and most school districts are grossly overstaffed at the administrative level.

                  I believe that nationally there will be dramatically fewer school districts one decade from today.  States will mandate that neighboring school districts consolidate, maintaining the same number of teachers but cutting administrative jobs by more than 50%.

                  Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. http://www1.hamiltonproject.org/es/hamilton/hamilton_hp.htm

                  by PatriciaVa on Fri Jun 01, 2012 at 07:02:53 PM PDT

                  [ Parent ]

                  •  Yes-by all means, let's pit the teachers (2+ / 0-)
                    Recommended by:
                    semioticjim, mrkvica

                    against the administrators, PatriciaVa.

                    Let's just keep getting more and more granular in facilitating the privateers' efforts to pit educators at all levels against one other.  

                    That is just what they want, and you are being a good little lemming.

                    If the plutocrats begin the program, we will end it. -- Eugene Debs.

                    by livjack on Fri Jun 01, 2012 at 10:08:27 PM PDT

                    [ Parent ]

                  •  Hmm, your name comes up often (0+ / 0-)

                    espousing conservative ideas not commonly help around here.

                    But I digress.   Administrators supervise teachers, especially new one, to get them up to speed.  A small school will have 40 staff members who need to go through a lengthy evaluation process that an administrator needs to  They also supervise the revision and development if curriculum so that it's in compliance with the ever changing laws.  

                    Then there's special education: who runs that department - the teachers?  Or facilities maintenance - maybe the  teachers should tend to the boiler along with teaching math.  Of course, you could always get rid of HR and have teachers do the hiring.   And let's have teachers setting up the annual budget-now there's an idea for you!  Or you just ignore the ELL kids, then you could get rid of yet another administrator.  If a student gets in trouble, the teacher could leave his/her 25 other students for a few hours to deal with the one student, contact the parent, and set up the disciplinary plan.  

                    Can't agree with you on the cap on administrative salaries, since there are so few qualified candidates for these positions as it is.  

                    It's the latest rage to think that public employees don't work hard, but the reality is very different.

              •  Teachers = the union (3+ / 0-)
                Recommended by:
                semioticjim, israelfox87, mrkvica

                You are talking about teachers.  I always wonder who people like you think "the union" is.  It is the teachers.  Period.

          •  I'm sorry but their is a huge difference (0+ / 0-)

            between privatized space flight and teaching children.  I can't even say how absurd the comparison is.

            There revolution will not be televised. But it will be blogged, a lot. Probably more so than is necessary.

            by AoT on Sat Jun 02, 2012 at 08:04:45 AM PDT

            [ Parent ]

        •  Yes (3+ / 0-)
          Recommended by:
          semioticjim, AoT, mrkvica

          She's on other threads as well.   I can ignore her elsewhere, but when it comes to schools and libraries, it's hard to keep my mouth shut.

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