2aguy
Diamond Member
- Jul 19, 2014
- 112,201
- 52,432
It gets better:
Let’s begin with the makeup of the school district: It boasts a $7.52 billion budget and more than 60,000 employees, including about 26,000 teachers, with the average annual salary being $73,000. While employment has gone up 16% since 2004, enrollment has dropped 10% in the same period.
According to the latest available data, California school funding surged by nearly 10% from 2015 to 2016. If you examine a five-year period (2011 to 2016), school funding in the state is up a whopping 26%. Governor Gavin Newsom (D-CA) has further proposed the “largest ever investment” in the LAUSD.
Plus, the district already offered LAUSD educators a pay raise of 3% this year and another 3% in 2020. It was rejected.
But the school district can’t afford another pay hike. Next year, LAUSD will have a $422 million budget deficit, mainly because employee pension and health care costs represent a great portion of the budget – they will account for more than half within 10 years. Overall, it has $5.1 billion more in liabilities than in assets and another $15 billion in unfunded health care benefit liabilities for retirees and current workers.
LA Teachers Strike: 73K Is Not Enough.
So if you want to know why teachers can’t get a pay raise, it’s because of teachers.
Left-wingers don't care. They'll bankrupt the entire country, before admitting there isn't money for their demands.
And that is why people should invest in shovels.....when the left wing runs out of money and the little people start to complain about not having food and toilet paper....then the left wing elite start digging the mass graves.....