Buffalo control board officials presented a dismal financial report of the district projected four-year finances as a "fiscal emergency" at the School Board meeting Wednesday night.
They mention as one of the few resources available "the $70 million set aside to cover the cost it could face if it loses a lawsuit from the teachers union seeking compensation for years when teachers did not receive step pay increases."
And control board officials balked at the idea of a state financial audit of the schools Board President Ralph Hernandez mentioned he might ask his School Board colleagues to support him in asking the state to perform.
The public wants to know why is it the district continues to pursue the issue of the teacher steps in court? Why not just enter into contract negotiations with the teachers' union settle the matter once and for all instead of dragging it through the courts?
Teachers denied their contractual steps after the wage freeze the district instead went to court knowing they wouldn't succeed. That's why the district set aside the $70 million. Yet money the district could use to offset this "fiscal emergency" instead is used to pay for unnecessary expensive legal fees to maintain a futile court battle.
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Whitney Tilson (3rd background)
"Let’s be honest: we need a lot more well-off, well-educated white folks with a personal stake in both charter schools and education reform in general if we’re going to take reform to the next level, both politically and operationally.Whitney Tilson, hedge fund manager and major funding angel for the school privatizing Democrats for Education Reform, thinks there’s not enough rich, educated white folks.( Preaprez) click photo to his blog.
Arne Duncan
U.S. Secretary of Education, click photo
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