In response to financial pressures, the New York State Assembly has created new, less-generous retirement plans for teachers. Teachers and other education employees are enrolled in one of two plans, the Teachers' Retirement System of the City of New York (TRS) and the New York State Teachers' Retirement System (NYSTRS). How far have the benefits…

When people talk about school district efficiency, their first thoughts are about financial management. Are districts balancing their budgets, paying bills on time, and maximizing their revenues? This report takes a closer look at financial management in California school districts. The report is a summary of the 2006 research study, "School…

An average of 33.5 percent of school district expenditures is spent on classroom teachers' compensation in Wisconsin elementary schools. The range varies from a low of 21.4 percent to a high of 45.9 percent. Financial data were analyzed from the survey responses of 110 of Wisconsin's 431 districts. The reasons for the average proportion spent on…

The long economic boom enabled school districts nationwide to fund expensive reforms and hefty pay raises. Now, however, they are finding it nearly impossible to cut costs and balance their budgets. The specific path to financial distress is unique in each case. Any number of factors, from excessively generous concessions at the bargaining table…