Latest News and Comment from Education

Wednesday, December 9, 2020

Education Matters: As problems mount DCPS sits on 70 million dollars

Education Matters: As problems mount DCPS sits on 70 million dollars
As problems mount DCPS sits on 70 million dollars




Veteran teachers are about to take a pay cut, our contact tracing is a joke, and thousands of sub-jobs have gone unfilled, all while the district sits on way more money than it is statutorily required to do so.  I have been told they are saving the money for a rainy day. Well, friends, if they look outside, they would be able to that it is pouring.

The district is statutorily required to save 3 percent of its budget. Though I know in the past, they have saved five percent and more, and in 2012, then superintendent Pratt-Dannals, with 120 million in reserves, declared a financial emergency and robbed teachers of their step. Ultimately this cost him his job though teachers never made up the money they lost.

Three percent of DCPS's budget is about 51 million dollars, give or take. That means there are over ten million available to take care of needs.

I was told that the district is afraid that Corcoran will withhold funds for DHR kids next semester. I don't know CONTINUE  READING: Education Matters: As problems mount DCPS sits on 70 million dollars