History of IDEA
Jeannie Oakes, Founder and Former Director
Youth Voice in School Finance
NEW REPORT: Los Angeles' road to A-G for all
Without Dollars and Sense Powerpoint
Past Educational Opportunity Reports
Danger zone for deferrals?
- 06-27-2011
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Blog by John Fensterwald/Educated Guess
For three consecutive years, the Legislature has added billions of dollars in IOUs to K-12 schools and community colleges. They did so on the assumption – which school districts share, for the most part – that payments deferred are better than payments denied: straight budget cuts. But how much is too much? What is the tipping point for deferrals, when school districts can no longer carry the state’s burden, when they can no longer borrow externally, and budget deferrals become straight budget cuts – when, at the extreme, districts that can no longer meet payroll will turn to the state to bail them out? That’s a question that legislators must consider this week, as they weigh the consequences of an all-cuts budget, for failure to compromise to extend temporary state taxes after July 1. Their instinct will be to turn to deferrals. (more...)
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