Fiscal Intelligence

Fiscal analysis that enables educators, small business owners, and community organizers to make informed decisions.

Tag: Teachers

TEACHERS’ EXPECTED NEW SALARIES AND OWED RETRO IF CONTRACT IS RATIFIED

The New York City Teacher Salary Schedule

Budget Options for NYCDOE

School District’s Outstanding Debt and Pension Costs

The debt service increase accounts for 0.65% of the proposed tax levy increase for 2013-2014; mandated pension costs to the Employees’ Retirement System (ERS) and the Teachers’ Retirement System (TRS) total 2.31%. Together, these constitute 2.96% of the proposed 3.19% (with STAR) tax levy increase.

The $90.9 billion teachers’ retirement investment fund assumes a long-term return of 8 percent annually, but it generated just under 3 percent last year, spokeswoman Heidi Brennan said.

THE APPLENIZATION OF THE SCHOOL DISTRICTS