If you think this year’s school budget projections sound dismal, just wait until next year.
That’s the takeaway from today’s Independent Budget Office report analyzing Mayor Bloomberg’s executive budget. The report provides a concise, if vague, summary of all of the cuts anticipated across city departments, including the 6,400 teacher jobs Mayor Bloomberg has said could be lost.
The report also looks ahead to the fiscal year that begins in July 2011:
Beginning in 2012, the city will no longer have federal stimulus funds for education. The Mayor has said the loss of this $853 million could result in the elimination of 14,000 teachers. If federal or state funds are not available to replace the stimulus funds, there is a strong likelihood that there will be significant pressure on the city to find the necessary dollars locally.
Bloomberg’s doomsday scenario could be averted by a bill proposed by Iowa Sen. Tom Harkin that would distribute $23 billion among states to stem teacher layoffs. Secretary of Education Arne Duncan touted the bill during his visit to New York City this week.