LA Unified will eliminate $43 million in administrative salaries as part of an emergency cost-cutting plan to stave off its fiscal overseers.
The cuts won’t be at school sites this year, but rather at the central and local district offices. The number of jobs that will be lost will be left up to each department, but they represent an overall 15 percent reduction.
The specific positions will be identified in January, with the people in those jobs receiving notices in March and leaving by the end of June.
The job cuts are one half of a two-part strategy to right-size the district’s budget, which is projected to be on the verge of bankruptcy in two and a half years. They also come as the district is negotiating raises for teachers under the threat of a strike, and after it has approved salary increases of about 6 percent for two-thirds of its workforce.
Because it faces a fiscal cliff, LA Unified had been put on watch by its overseers at both the state and Los Angeles County, and the county had given LA Unified until Monday to detail exactly how it plans to stay out of the red.
The county’s main concern was getting details on how the district will cut $72 million from this year’s budget and another $72 million from next year’s budget, which is required for the district to have a 1 percent reserve at the end of the 2020-21 school year. Click here to read more: http://laschoolreport.com/lausd-details-15-job-cuts-in-central-and-local-district-offices-to-satisfy-its-financial-overseers/