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Earlier this week LAUSD, just days before Christmas, had to fire 1,000 employees--just to meet the bills. Yet, that is not even a good start to save this poster child for failed government schools.
"Current Deficit for 2011-2012: Even with the inclusion of this Jobs Bill funding we are still facing an
ongoing deficit of $142 million (based on current projections). To place this in context, this $142 million operating deficit represents a loss of over 3,300 jobs without ongoing furlough days-negotiable with all of our bargaining units-and spending cuts.
Loss of Federal Stimulus Funding: By the end of this year we will have spent the remaining Federal Stimulus funds (Title I and IDEA ARRA federal funds) that have been supporting at least 12,000 jobs (3,900 with Individuals with Disabilities Education Act; 3,200 with Title 1; and 5,200 with State Fiscal Stabilization Fund) over the last two years. Almost all of these jobs are at school sites. These funds are gone at the end of this year and there is no replacement funding."
One of the reason the unemployment numbers will go up significantly in the next few months is that government has run out of money and must fire tens of thousands of unionized workers--guess paying bribes no longer matters. Hopefully those remaining will realize they are in trouble because of the policies of the unions.
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"Current Deficit for 2011-2012: Even with the inclusion of this Jobs Bill funding we are still facing an
ongoing deficit of $142 million (based on current projections). To place this in context, this $142 million operating deficit represents a loss of over 3,300 jobs without ongoing furlough days-negotiable with all of our bargaining units-and spending cuts.
Loss of Federal Stimulus Funding: By the end of this year we will have spent the remaining Federal Stimulus funds (Title I and IDEA ARRA federal funds) that have been supporting at least 12,000 jobs (3,900 with Individuals with Disabilities Education Act; 3,200 with Title 1; and 5,200 with State Fiscal Stabilization Fund) over the last two years. Almost all of these jobs are at school sites. These funds are gone at the end of this year and there is no replacement funding."
One of the reason the unemployment numbers will go up significantly in the next few months is that government has run out of money and must fire tens of thousands of unionized workers--guess paying bribes no longer matters. Hopefully those remaining will realize they are in trouble because of the policies of the unions.
More...