Detroit schools plan 10 percent pay cuts, closings Teachers and administrators at Detroit Public Schools will see their pay slashed by 10 percent starting Oct. 1 if state education officials approve the district’s proposal for offsetting a failed countywide tax millage. The plan, filed with the Michigan Department of Education Wednesday, also calls for the closure of 24 schools or buildings over four years, starting with the 2015-16 academic year. In its latest deficit elimination plan, DPS officials said they would impose the wage concession for instructional staff effective Oct. 1 to generate $13.3 million in savings. According to budget documents detailing an amended 2015 fiscal budget, the pay reduction would save an additional $5.7 million in instructional staff support wages and $2.1 million in savings in school administration salaries, for a total savings of $21.1 million. In his 75-page deficit elimination plan, DPS chief financial officer William Aldridge said district expenses need to be cut by $14.8 million due to Wayne County voters’ rejection of a revenue enhancement millage Aug. 5. Besides the tax’s defeat, the district faces rising costs and falling revenue in other areas as it tries to pay down a $127 million deficit. Under the revised plan, approved by DPS Emergency Manager Jack Martin, [...] newsinmi/detroit-schools-plan-10-percent-pay-cuts-closings/
Posted on: Tue, 19 Aug 2014 02:40:09 +0000
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