What to do with $11 million? Part II
The Pasco School Board stands to get about $11 million in the Obama administration's second round of stimulus funding. As we've noted recently, there's been some debate about exactly how the district should use the money.
Some teachers have suggested the amount be used to stave off a proposed furlough. District chief financial officer Olga Swinson has other things in mind.
Swinson notes that the "edujobs" legislation aims to protect teacher jobs, and adds that this year Pasco schools have no plans to cut jobs. The real threat of layoffs comes next year, she said, when the first round of stimulus funding runs dry and districts will face multimillion-dollar budget holes as a result of the "funding cliff."
"The financially prudent thing to do will be to save this money for next year," she told the Gradebook. "We know we will have $32 million to replace. ... That will save jobs next year."