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Morning Read: Brown urges 30-year fix for CA teacher pensions

LA School Report | May 14, 2014

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In revised budget, Governor details 30-year plan to fix teacher pensions
Gov. Jerry Brown is predicting that the state will take in $2.4 billion more in revenue in 2014-15 than initially estimated, but highly expectant education leaders won’t get a piece of it to implement the Common Core state standards or make a down payment for universal preschool. They can count on the double-digit spending increase that the governor proposed in January – but not much more. EdSource

Scores address L.A. school board on funding
The Los Angeles Board of Education and L.A. schools Supt. John Deasy heard from dozens of students, parents, educators and community members on how to spend $837 million in state funds for disadvantaged students. The L.A. Unified School District budget is the first to be crafted under the state’s new school finance system. LA Times

Nearly 2 years after state takeover, Inglewood schools still bleeding red ink
Nearly two years after the school district asked the state for a bailout to stop it from going bankrupt, Inglewood Unified school district is still deep in the red. It has spent more than half of a $55 million loan from the state to keep shoring up the budget. It ran a $10 million deficit for the school year that’s about to end. KPCC

Broad Foundation’s Bruce Reed on education reform, teachers and charters
Q&A: The Broad Foundation’s education initiatives began 15 years ago, but the organization is just now getting its first president, and his surname isn’t Broad. Bruce Reed is tasked with minding the foundation’s investments and its work on K-12 reform, which has shaken the educational apple tree. LA Times

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