Menu
Paid Advertisement
view counter

Federal jobs bill averts needs for cuts

By Paul Socolar on Sep 15, 2010 02:12 PM

The District's budget is still balanced despite recent state funding cutbacks, Chief Financial Officer Michael Masch told the SRC Wednesday - mostly thanks to the August adoption of a federal education jobs bill that will send $98 million to Philadelphia.

The $10 billion federal bill provides money "for one purpose and one purpose only - to create or retain education jobs," Masch explained. The funds can be expended between now and September 2012.

Masch said he expected to use half of the money - $49 million - to bring the budget into balance for the current school year and the other half next year. This is enough funding each year to protect more than 500 teacher jobs, he said.

Contingency plans had been drawn up for possible service and job cuts, Masch told the Notebook Monday at a presentation about the jobs legislation. As a result of tough budget negotiations in Harrisburg this summer, cutbacks in anticipated state aid this summer totaled $55 million.

If not for the federal jobs bill, "we would have had to cut - there was no cushion," he said. The $49 million offsets nearly all of the lost state funding.

Explaining the legislation at a Monday press conference at the School District, Pennsylvania Sen. Bob Casey said, "The last thing we need is job loss caused by inaction in Washington. This legislation gives us a chance to avert that kind of impact" from funding shortages facing states and districts.

The cloud that hangs over the timely arrival of these funds is that the District is balancing its budget with yet one more chunk of non-recurring federal funds. The current year's budget now includes more than $300 million in federal stimulus funds that will go away, most of them ending this year. That represents 10 percent of the District's budget.

view counter

Comments (1)

Submitted by Anonymous (not verified) on September 15, 2010 11:06 pm

Is this a joke? A jobs bill for this administration? This is absolutely not encouraging. The District's brinksmanship approach to funding appears dangerous and reliant on bailouts and good timing. Meanwhile, we've got million dollar turnstiles and executive salaries that border on outrageous.

How does the release of dozens of community liaison and closure of early childhood centers sound like you're balancing the budget?

Post new comment

The content of this field is kept private and will not be shown publicly.

By using this service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. We reserve the right to delete or remove any material deemed to be in violation of this rule, and to ban anyone who violates this rule. Please see our "Terms of Usage" for more detail concerning your obligations as a user of this service. Reader comments are limited to 500 words. You are fully responsible for the content that you post.

Follow Us On

Read the latest print issue

Philly Ed Feed

Become a Notebook member

 

Recent Comments

Top

Public School Notebook

699 Ranstead St.
Third Floor
Philadelphia, PA 19106
Phone: (215) 839-0082
Fax: (215) 238-2300
notebook@thenotebook.org

© Copyright 2013 The Philadelphia Public School Notebook. All Rights Reserved.
Terms of Usage and Privacy Policy