4 things to know about LAUSD’s pension costs and other benefits obligations for its teachers and other staff
*UPDATED LA Unified is facing a budget deficit that will increase to nearly half a billion dollars within the next three years primarily due to declining enrollment and increased pension and healthcare costs. Last weekend, the Los Angeles Times, CALmatters and Capital Public Radio published the first of a series of stories examining the effects...
By Sarah Favot | September 22, 2016 1:39 pm
LAUSD makes money from charters, contradicting UTLA-funded study, documents show
* UPDATED May 13 As district officials and other analysts pick apart the UTLA-funded study released Tuesday that claims that independent charter schools drain half a billion dollars from LA Unified, the district’s own numbers show LA Unified actually makes money from charters. The first finding of the 42-page union-funded Cost of Charter Schools report states that the revenue collected from...
By Mike Szymanski | May 13, 2016 3:09 pm
LA Unified facing initial $35 million cost for teacher pensions
Just when members of the Los Angeles teachers union, UTLA, thought brighter economic times for California would translate to higher salaries after seven years without a contract, the state threw them a curveball. In recent weeks, Gov. Jerry Brown and the legislature have begun debating over how to pay down teacher pension debt, which has...
By Michael Janofsky | May 28, 2014 11:22 am