January 15, 2015 |
Camden school officials have taken the first step toward selling the Front Street building that houses the district's central offices, a structure they say has fallen into disrepair and costs hundreds of thousands of dollars a year to maintain. The eight-story edifice was constructed almost a century ago to hold executive offices of the Victor Talking Machine Co., later RCA Victor, which had numerous buildings throughout downtown Camden. On Tuesday the district posted a request for qualifications, seeking bidders interested in buying and renovating the property.
August 31, 2014 |
The fallout from the Philadelphia School District's dismal financial situation continues: 17 central-office employees were issued layoff notices Friday. Overall, 81 positions were eliminated, said Fernando Gallard, spokesman for the school system, but among those were 64 vacant jobs. The laid-off workers come mostly from the district's facilities and capital improvements offices. One employee from the Office of Family and Community Engagement was also issued a pink slip. Shedding the 81 jobs saves the district $5.4 million, Gallard said.
August 4, 2013 |
The Archdiocese of Philadelphia on Friday published audited financial statements for 15 education, social-services and health-care entities with aggregate revenue of $408 million in the year ended June 30, 2012. The disclosures, building on a newfound openness about its financial state, did not include any balance-sheet bombshells like those in last month's report on the archdiocese's central financial office. That July 3 report showed a $39.2 million loss for fiscal 2012. The archdiocese's chief financial officer, Timothy O'Shaughnessy, added details on $350 million in long-term financial gaps.
June 16, 2013 |
As the Philadelphia School District continues to grapple with a financial crisis, it announced layoffs Friday of 76 employees. The new cuts, expected to save $32 million, affect 63 staffers at the district's headquarters at 440 N. Broad St. and 13 employees in regional offices, most working in early childhood education. This round follows the announcement two weeks ago of 3,783 layoffs, including noontime aides, assistant principals, counselors, teachers, and secretaries. Combined, the job losses represent a 19.9 percent decrease in the 19,530-member workforce.
December 3, 2012
The Philadelphia School District cannot have it both ways. Saying it is in "financial distress," the school system has refused to grant 3 percent raises to its school police officers. The 350 union members were scheduled to get the increase June 30 under terms of their current contract. Yet the cash-strapped district found the funds to shell out generous pay hikes ranging from 13 percent to 49 percent to 25 district managers. According to a report in the Daily News, the raises have been disbursed since the end of the last school year.
November 27, 2012 |
IT'S NO secret that the School District of Philadelphia is facing its own fiscal cliff. The district asked its blue-collar union to forgo wage increases and give back money to the district last summer as school closures loomed. Just two weeks ago, district officials were forced to borrow another $300 million from Wall Street to pay its bills. So, why is the district giving out pay raises to certain groups? The grumblings among district workers began to rise this month when word leaked that 25 nonunion employees had received salary increases since the summer.
April 25, 2012 |
The realities are ugly, leaders said Tuesday - the Philadelphia School District is nearly insolvent, lags behind most other urban districts in academics, and loses students to charters because parents believe it does not keep their children safe. "What we do know through lots of history and evidence and practice is that the current structure doesn't work," School Reform Commission Chairman Pedro Ramos said. "It's not fiscally sustainable and it doesn't produce high-quality schools for all kids.
April 24, 2012 |
The realities are ugly, leaders said Tuesday - the Philadelphia School District is nearly insolvent, lags behind most other urban districts in academics, and loses students to charters because parents believe it does not keep their children safe. "What we do know through lots of history and evidence and practice is that the current structure doesn't work," School Reform Commission Chairman Pedro Ramos said. "It's not fiscally sustainable and it doesn't produce high quality schools for all kids.
February 20, 2012
Lost in the shuffle of a six-hour Philadelphia School Reform Commission meeting Thursday night: resolution A-13, a $1.4 million, one-month contract with Boston Consulting Group Inc. That's right - $1.4 million. And the Philadelphia School District still has a June deadline to trim $38.8 million more from a budget that's already lost thousands of employees and withstood deep cuts to individual schools. But SRC Chairman Pedro Ramos said he did not expect the money to come from district coffers.