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As major budget cuts loom, we track where the money goes

picture-7New York City is facing major cuts to its public schools, but there’s debate about exactly where in the Department of Education’s budget they should fall.

According to Chancellor Joel Klein, the only way to make a dent in the DOE’s budget is to lay off teachers. Teachers union president Michael Mulgrew has repeatedly rejected this idea and suggested that fewer no-bid contracts, payments to consultants, and a new retirement incentive, are the way to go.

Part of the challenge in figuring out where to make cuts is the haze surrounding where money is spent in the first place. (more…)

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