Curious about what the "edujobs" bill means for CPS? Me, too. The $10B provision passed by the Senate and headed to the House next week sends money to IL by formula, which must be used to save or create education jobs. There's no district by district breakdown once you get past the state level, but it's a population-based funding stream just like the original $100B education stimulus was, so CPS will get the lion's share of the $433 million.
Here's a table from the House Democrats about how much each state gets, and how many jobs are supposed to be saved (here:
). Take it with a grain of salt, though, since some budgeteers have already built the money into their estimates and it all may end up feeling like a lot less than it seems by the time it gets to Daley Elementary School.
First, Illinois is only getting $415,397,841 according to the DOE, I do not know where this $433 number comes from. Second CPS will only get, assuming it is based on CPS's percentage of all public school students enrolled in Illinios, somewhere between 19.3% and 20% of that amount. Third one needs to look carefully at the number of teaching jobs saved which are based on the average salary and benefit package statewide. In 2009, the last year I have data for, CPS teachers' base salary was 10.08% higher than the state average.
So in order to calculate teaching positions that might be saved in Chicago one has to use a higher estimate inclusive of benefits. CPS when asking for concessions from the CTU used $100,000 per teacher, which I think is a reasonable average cost factor. The average total cost on a statewide basis would be closer to $90,000 per teacher.
So if CPS gets 20% of $415,397,841 that would be $83,079,568. Using the $100,000 average cost per teacher that could save about 830 positions at maximum. If CPS plans to layoff 1,500 teachers, which is the number I have been seeing the last few days, that would reduce the layoff to 670.
I do not believe ISBE can distribute to CPS more than 20% of these funds with having an uprising of other school districts, the reality is many districts on a percentage wise basis are laying of far more teachers than Chicago. Many school districts in the state are experencing on a percentage wise basis a greater budget deficit than CPS is currently.
Rod Estvan