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AISD board to consider declaring financial crisis

by KVUE News

Posted on February 8, 2010 at 12:18 PM

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The Austin ISD board of trustees considers two big issues Monday night.

Board members will discuss whether to declare the district in a state of financial crisis.

The district faces an estimated $15 million budget shortfall for the 2010-2011 school year.  Declaring financial crisis gives the superintendent power to cut dozens of administrative jobs, even those under contract.

The board will also discuss a timeline for dealing with low-performing schools, which could include closing schools and giving control to outside groups.

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smay2121 said on February 8, 2010 at 2:14 PM

Uh, as you can see... school finance works perfectly in Texas... The property owners are furious about the outrageous sky high taxes, and the schools are going belly up... you have a couple of problems here... -Robin Hood... works great doesn't it... for districts like Austin, where it costs a ton more to build a school ... look at the rock which they have to dig into, the labor costs, etc - they're not the same here as they would be on the boarder... secondarily, districts that are growing are building schools NOW, which costs a ton... for those districts shrinking or staying about the same, their schools were built on a much lower cost basis... This needs to be fixed! -Using property taxes to fund the schools... great idea, oh, but wait, what do you when they fall short as values aren't still climbing... the districts need the ability to put $$ away for these rainy days... but due to robinhood, they're just scraping by to begin with. The districts need to become more efficient...

concernedcitizen said on February 8, 2010 at 4:54 PM

Why?? This district is 1% in the hole and has the reserves to make it up. Declaring a financial crisis will only hurt the bond rating. Every efficiency study that AISD has paid for has told them to get rid of that money pit downtown, but they refuse. There are many easy ways to make up the budget deficit, are they just going to ignore the surveys they collected? Those must have been lip service.

keiffers said on February 8, 2010 at 10:16 PM

I find it interesting that they say they have to save money and peoples jobs are in danger, yet they say that they won't necessarily lay people off, but rather reassign them - now how does reassigning someone save money? It doesn't...you pay them the same no matter where they work