GothamSchools — daily independent reporting on NYC public schools

Dollars and Cents

Principals will learn about a bleak financial situation tomorrow

School principals and reporters will be briefed on the Department of Education’s financial situation tomorrow — and the outlook is likely to include “huge, gigantic cuts,” according to a City Council source. The briefing will come one day before Mayor Bloomberg is scheduled to release his 2010 budget proposal.

An April 8 memo from the city’s budget director asked the DOE to cut 1.5 percent from its proposed operating budget through layoffs or attrition. The cuts will come on top of $251 million that the mayor proposed slashing from the DOE when he first released a 2010 budget plan, in January. The DOE has already revised its budget down $1.9 billion in the last year, down over 10 percent. This new 1.5 percent cut would chop off about $260 million more.

The city cuts will be much more manageable thanks to an influx of federal stimulus dollars to the city schools. But a City Council source said that, as currently proposed, they will still be dramatic.

“There’s huge, gigantic cuts proposed in the city’s school budget, and unless there’s some miraculous turnaround in the economic forecast, I don’t think anyone expects an increase in city funds going to schools,” the source said.

Ann Forte, a DOE spokeswoman, said school officials will brief principals on the financial situation tomorrow. Forte said the funding situation is “fluid,” since a few months remain before the City Council could choose to allocate more funds to the DOE in its June budget. The city budget must be finalized by July 1, the beginning of the city’s new fiscal year.

Schools Chancellor Joel Klein told City Council members last month that he was worried about having to lay off as many as 2,000 city teachers if the state didn’t channel sufficient federal stimulus money to the city schools. An April 1 City Council report on the mayor’s January proposed budget said the state’s revised budget, buoyed by stimulus dollars, would prevent teacher layoffs.

Tips, questions, feedback?

Contact us at .

Follow GothamSchools

RSS

Feb. 10: You’re invited!

Chalk It Up

Recent Comments

0 comments so far today

Events Calendar

Our Twitter Updates

  • Despite some tense confrontations between protesters and police, nothing ever got physical and a lieutenant just said there were no arrests. 5 hrs ago
  • He's been frozen in that stoic position all night MT @lisafleisher: A protester speaks with his middle finger. http://t.co/xLar4NRU 5 hrs ago
  • Last of the occupy protesters just walked out together, shouting expletives and insults on their way out. #toughcrowd 5 hrs ago
  • Frank Thomas, DOE spokesman just told me no arrests have been made tonight at PEP despite confrontation between protesters & police earlier. 5 hrs ago
  • RT @leoniehaimson: It's been shown repeatedly that as one schl closes another overwhelmed w/ high needs kids that small schls won't take 5 hrs ago
  • More updates...

Archives

February 2012
M T W T F S S
« Jan  
 12345
6789101112
13141516171819
20212223242526
272829  
?>