-- Connecting the dots between our economy, government and business --
The Chicago Tribune cited Wirepoints’ research on superintendent salaries to decry the disconnect between the compensation that top school district administrators receive from taxpayers versus the actual reading and math outcomes in their districts.
Read: Tiffany Henyard soon will be gone, but Dolton is stuck with a wildly overpaid schools boss
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Overpaid? Then why do all of them always want raises?
The leaders should make salaries based on the children’s state test scores.
How are these crazy administrative costs addressed in state EBF?
And school district 103 in Lyons Illinois super with six schools, 2200 kids, horrible test scores, all in the bottom 20%, makes over $250,000 with benefits!! $45,000,000 budget!! Needs to be investigated. Five to ten minute meetings every month!!
Something is not right with this. What is really going on here?
I would like to see the pictures someone must have.
The unfortunate thing is, it is all too common. It really is – common. Perhaps not to the obscene like this example, but pretty darn close. There are thousands of administrators and teachers retiring with pensions that would require a common tax payer to save a couple of million to maybe get to their annual pensions. It is obscene. Our elected state officials are purchased by the Teachers unions and the local school boards are apparently too stupid to stop paying these insane salaries. As I have said before, there is NOTHING going on in a school district that would… Read more »
Simple solution to all this madness. Charge TUITION! If parents are required to pay for their kids education they will be more involved in every aspect including costs. Just look at private schools and see how much less they charge to actually educate. When parents pay for the service you will expect results. In public schools with Education Shall be Free K-12 look at those results. Bloated administration- whatever they can get salaries and benefits-retiring at 55-pensions most of us can only dream of but are still responsible for theirs. On C Span there was a guest saying that in… Read more »
I appreciate your sentiment, but IL public schools do not believe their purpose is to educate and instill citizenship in children. Sadly, schools have become gravy trains for most of its employees and a conveyor belt of students with stunted academics.
Your answer is too sane for the insanity of IL “schools.”
Agree 100%. Public school districts have become nothing more that daycare, transportation and food service. Too easy for parents to turn their child’s education over to the Public School “system”. As a parent who sent children to private schools I agree with you. Public schools do not even come close to the value and quality of a good Private/Catholic School education. Charging tuition for every kid puts the weight and responsibility on the parents who have children in school vs. the millions of tax payers who don’t. Dozens of neighbors do not have kids in school, but still pay full-till-boogie… Read more »
Great point about how IL K-12 public school education is supposed to be free. Kinda makes that mandate meaningless.
Nice racket if you can get it!