I was underwhelmed by the Independent Financial Review Panel’s report. The IFRP dances around it but the district’s cost structure has too much fixed overhead, e.g., spending on administrators and benefits for senior and retired teachers and administrators, and doesn’t track its enrollment and revenues. Moreover, the IFRP’s main recommendation, incentivizing early retirement, would probably just shift costs from current compensation and benefits to retiree cost and benefits. Notably, it also assumes that LAUSD can hire less expensive but equally productive junior teachers and staff to replace the early retirees in the face of a widely reported teacher shortage.by Richard
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