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Old 03-30-2010, 09:14 AM
 
27,602 posts, read 45,068,588 times
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Two articles in today's --3/30--Star Telegram about the Grapevine Colleyville ISD and the Southlake Carroll ISD that are projected to grow worse in the next few years...
declining numbers of new households in Southlake Carroll are reducing the number of elementary age students and also the secondary ones--article says the district is reducing elementary teachers by 8 and secondary by 5.5 for coming year--and that IF the trend continues which it is expected to do--the cuts will be larger in coming years...
hopefully the attrition can be balanced with people who are retiring or leaving for other reasons vs just firing someone...

the article also said that more older residents (who have no children is the implication) are staying in their homes vs leaving and selling to younger families with school-age children...(due to the economic situation for variety of reasons...) and also that new construction is not going to take up the slack--
IMO because homes that are being built in Southlake are not type marketed to younger families--high dollars costs mainly--
one of the new construction projects in Southlake this past year was for seniors--high dollar yes, but no children to add to the ISD--

Article about Grapevine Colleyville ISD focuses on how a new tax measure is going to be required within next 4 years because of the declining enrollment and state-funding crisis which has not been resolved at all, as well as declining local tax influx...the district is losing 8 positions for coming year and 24 teachers by 2013-14 --it did not speculate but stands to reason that some of those can be resolved via retirement/voluntary resignations but some might just mean RIFs or no new hires...

next year will be GCISD's FIFTH year with a deficite budget--with money taken from reserves to close the gap...

so to get a teaching job in either one of these local districts is going to be REALLY difficult in coming years...
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Old 03-30-2010, 11:57 AM
 
Location: Grapevine, Texas
54 posts, read 126,021 times
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Interesting article, but it is terribly lacking in details.
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Old 03-30-2010, 12:16 PM
 
27,602 posts, read 45,068,588 times
Reputation: 14101
Carroll to cut 13.5 jobs through attrition | Schools | News from Fort Worth, Dallas, Arl... (http://www.star-telegram.com/2010/03/29/2075655/carroll-to-cut-135-jobs-through.html - broken link)

Grapevine-Colleyville trustees hear reports on finances, a wish list for a new superintendent |...

school boards often do most of their "discussing" behind closed doors so there is little heated discussion in front of the public at these meetings

most of that info was old news to them and the people in admin who have probably been worrying over those issues for a while
certainly in GCISD which has struggled to get a balanced budget since there was a huge accounting mistake several years ago and the district found out it was really in the hole...
this article is from Feb and has info about needing a bond election
Grapevine-Colleyville Board Told New Taxes, Bonds Needed | Grapevine Courier (http://www.star-telegram.com/2010/02/09/1957732/grapevine-colleyville-board-told.html - broken link)

having to go to the public for higher taxes is just not something ISDs want to do at this point and sometimes part of that money is just siphoned off by the state anyway--so why help the state take money that YOU raise from your tax payers...

also interesting article in Sunday's paper about some investments that area ISDs have made called interest rate swaps that could affect the investment return/budgets -- not to say that GCISD or Southlake Carroll have that type of investments hanging over them
http://www.star-telegram.com/2010/03/27/2070831/another-toxic-asset-interest-rate.html (broken link)
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