Yeah, it is.
I also went to the Seattle Public Schools website - only 1 mention of bankrupt, bankruptcy or bankruptcies and not related to recent news.
I just forsee this as a cry for more money... INSTEAD of more reform. Let me quote Marsha Richards at ( http://www.mlive.com/printer/printer.ssf?/base/politics-0/1099526943173870.xml&storylist=politics ):
"In the case of 884, voters saw through the rhetoric," said Marsha Richards, education reform director at the Evergreen Freedom Foundation, a conservative think tank. She said voters didn't trust that the education tax would be spent well.
"Every year we hear we need more money for kids, and there's a disconnect," Richards said. "I don't think it can be fully explained by just an anti-tax mood."
Part of it was Washington's already high sales tax. Increasing it by a full percent made it even higher.
I also wonder if any education liberals' attacks against public education have anything to do with it too. They sure do in my state.
well, each of those "lost" students is $10,000 in federal funding...
they could very well be looking at bankruptcy if they increased pay and benefits too much.... most school districts are...
LA is $125 million in the hole for next year.