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Double Dip Recession, State Budget, Palo Alto Schools.

Original post made by Suzy on Aug 7, 2011

We are really worried now.
Having invested millions in a house on the idea that our 3 kids could go through top PA schools we now see that the double dip recession will cripple PAUSD to the tune of 10 million or so and that means that the admin of our schools will tank and we will end up like every other school district - in the red.

Can someone please make public the exact state of PAUSD finances and how we may or may not survive a double dip?

Comments (5)

Posted by No big deal, a resident of Another Palo Alto neighborhood
on Aug 7, 2011 at 6:40 pm

Don't worry the PAUSD can always sell the Cubberley site and make Millions.


Posted by Mom, a resident of Crescent Park
on Aug 7, 2011 at 11:43 pm

They just voted to NOT sell the Cubberley site due to enrollment growth.

One of the benefits of living in Palo Alto is wealth and ambition. We have generous donations and valuable PiE volunteers.

"Palo Alto Partners in Education (PiE) is the nonprofit 501(c)(3) foundation wholly focused on fundraising to enhance educational excellence for every student in the Palo Alto Unified School District (PAUSD). Partnering with parents, school staff, and community members, PiE works to help preserve PAUSD's outstanding schools and programs."

PiE raised $3,842,846 last year: Web Link


Posted by Chris Kenrick, Palo Alto Weekly staff writer, a resident of Old Palo Alto
on Aug 8, 2011 at 10:18 am

Suzy,

Here's a recent story summarizing the Palo Alto school budget situation: Web Link.

The funding structure for "basic aid" districts like Palo Alto is tied primarily to local property tax, and less to the state budget.


Posted by No big deal, a resident of Another Palo Alto neighborhood
on Aug 8, 2011 at 10:23 am

Mom says: "They just voted to NOT sell the Cubberley". The School District is quite capable of changing it's mind for money!!! They've done it many times in the past!!


Posted by City/PAUSD, a resident of Barron Park
on Aug 8, 2011 at 1:06 pm

"They just voted to NOT sell the Cubberley site due to enrollment growth."

Wasn't it the City that voted not to sell their portion of the Cubberley site, not PAUSD?


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