By Antonio D. French
Filed Wednesday, May 10, 2006 at 10:18 AM
Read more about last night's school board meeting at our sister site, www.stlschools.org, home of the St. Louis Schools Watch. Labels: Schools
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More on Last Night's Meeting...
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3 Comments:
On SLPS Watch one of your articles has Peter Downs refering to the next round of school closings. I thought there weren't going to be any more school closings if he was elected. Let alone a whole round of school closings.
Does anyone know anything about this?
5/10/2006 2:48 PM
Superintendent Creg Williams has proposed closing Cleveland High, which was halted for the time being at last night's meeting.
The district's CFO gave a bleek forecast for the district's 2008 budget. I'm actually working on that story now, but here's a preview...
The district is operating today more than $25 million in the red. It's able to pay it's daily bills only because of a loan from the Deseg Fund. Repayment of that loan begins in '08. The superintendent estimates that that repayment, plus what they contractually owe the teachers (perhaps in their pention fund -- I'm still checking on that), the district will be about $50 million in debt in less than two years.
What does that mean? Most likely, a proposal from Williams to ask for a tax increase and some bond issues -- and yes, more school closings and consolidations.
What will the board do? What CAN they do?
Those are the questions, aren't they? The only answer anybody has today is "We'll see."
5/10/2006 3:04 PM
I hopet he "new board" forgets the campaign promises and acts fiscally responsible. If that means more school consolidations, then do it. BUT EXPLAIN IT IN PUBLIC FIRST!
The district must get out of the red....immediately.
5/13/2006 4:17 PM
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