KIDS LEFT WAITING FOR PRESCHOOLS ONLY $2.2 MILLION SPENT OF $15 MILLION EARMARKED.Byline: Helen Gao Staff Writer Three years after the Los Angeles school The Los Angeles School of Urbanism is an academic movement emerged during the mid-1980s, loosely based at the University of Southern California and UCLA, that poses a challenge to the dominant Chicago School of Urbanism. board allocated $15 million to expand badly needed preschool programs, just $2.2 million has been spent to add about 320 seats, leaving 10,600 youngsters on a waiting list. Now caught in the most severe budget crunch in decades, district officials have reneged on the remainder of the appropriation and decided not to issue $12.8 million in certificates of participation - a form of debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay . Instead, Los Angeles Unified School District The Los Angeles Unified School District (the "LAUSD") is the largest (in terms of number of students) public school system in California and the second-largest in the United States. Only the New York City Department of Education has a larger student population. officials plan to use money from voter-approved Measure K - the $3.35 billion school construction bond approved in November - to pay to install bungalows for preschool expansion. Measure K sets aside $80 million for technology upgrades and new facilities related to early childhood education. The bond money, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a minority of board members, is meant to supplement the 1999 allocation, which would mean a total of $92.8 million for early education. School board members David Tokofsky and Jose Huizar say they're outraged by the $12.8 million funding cut, and contend that it goes against board policy and the intent of voters when they approved Measure K. ``We told voters that $50 million was going to buy new facilities for child development, not new bungalows,'' Tokofsky said. ``Now what they are doing is, instead of looking at building new places, they are going to use Measure K money to bungalows, which I don't think is in the voter pamphlet pamphlet, short unbound or paper-bound book of from 64 to 96 pages. The pamphlet gained popularity as an instrument of religious or political controversy, giving the author and reader full benefit of freedom of the press. .'' Huizar said he will seek a written opinion on the legality le·gal·i·ty n. pl. le·gal·i·ties 1. The state or quality of being legal; lawfulness. 2. Adherence to or observance of the law. 3. A requirement enjoined by law. Often used in the plural. of using Measure K revenue to fulfill an earlier promise. ``When I voted to put Measure K on the ballot, I fully expected to provide $80 million for early childhood centers,'' he said. ``With the proposal by the superintendent (Roy Romer Roy R. Romer (born October 31, 1928 in Garden City, Kansas, United States) was the 39th governor of Colorado and served as the superintendent of the Los Angeles Unified School District from 2001 to 2006. ) to withdraw $12.8 million, I think it subverts the intent of not only the board of education, but of the voters.'' School board President Caprice ca·price n. 1. a. An impulsive change of mind. b. An inclination to change one's mind impulsively. c. Young said she was also under the impression that the bond money would be in addition to the 1999 allocation. School board member Julie Korenstein defends Romer's decision to use Measure K funds to expand preschool programs. Debt financing through COPs, she said, makes no sense for the district when it's in a budget crunch and has money available through Measure K. California now faces $35 billion in deficits this fiscal year and next, and is expected to balance the budget by cutting funding for education and other services. ``You don't borrow money, pay back interest on it, and it ends up costing you millions more, if you already have money in place,'' Korenstein said. ``That's why we ran the bond measure, so we wouldn't have to borrow money.'' Besides, Korenstein noted that the $80 million set aside by the bond is substantially more than the earlier allocation. The district already has about $550 million in debts and a selmposed policy of capping debt payments at $75 million per year. Issuing $12.8 million in COPs would have pushed the district over its debt limit. COPs are repaid using the general fund - unrestricted money that also pays teachers' salaries and classroom needs. Romer
A Romer or Roamer is a simple device for accurately plotting a grid reference on a map. recently pleaded with board members not to take on additional debt at a time when Gov. Gray Davis is considering cutting as much as $1.5 billion from public education statewide. The LAUSD's share of the cut could be $140 million for this year alone. ``I am trying to protect you,'' said Romer. ``We are facing very dire circumstances. I am not trying to deprive de·prive v. 1. To take something from someone or something. 2. To keep from possessing or enjoying something. you of $92.8 million. It's just how you pay for it.'' Romer suggested that the board make up the $12.8 million by asking voters to approve another bond measure in the future. District officials have already said they will put a multibillion-dollar construction bond on the 2004 ballot. The LAUSD's preschool programs serve about 32,000 children. Early education centers and its School Readiness and Language Development Program have the longest waiting lists, each with nearly 5,000 youngsters in line. Throughout the district, more than 10,600 children are waiting for a pre-education seat. The real need is expected to be much greater because in areas where early education centers don't exist, parents are unable to put their names on a waiting list, said Assistant Superintendent Assistant Superintendent, or Assistant Superintendent of Police (ASP), was a rank used by police forces in the British Empire. It was usually the lowest rank that could be held by a European officer, most of whom joined the police at this rank. Carmen Carmen throws over lover for another. [Fr. Lit.: Carmen; Fr. Opera: Bizet, Carmen, Westerman, 189–190] See : Faithlessness Carmen the cards repeatedly spell her death. [Fr. Schroeder. Mila Mercado For the hispanic surname "Mercado", please see de Mercado. Mercado first originated in Spain. In English it means 'market'. Is the last name of the 'Great' Fifa Soccer player Eswold. , principal of the Canoga Park and Noble Avenue Elementary School elementary school: see school. early education centers, said she has more than 200 families waiting to get into the two facilities - at least 120 families for the Canoga Park site and the rest at Noble Elementary in North Hills. ``The need for services like this is overwhelming,'' she said. In the near future, Mercado will open two new bungalows at the Canoga Park site to serve an additional 50 kids. Deputy Superintendent Deputy Superintendent, or Deputy Superintendent of Police (DSP), was a rank used by police forces of the British Empire. In some territories it was called Deputy District Superintendent of Police (DDSP). Maria Ott said only a small portion of the 1999 allocation was spent because the money was restricted to facilities, and the district must secure state funding for operations. The LAUSD's own research shows that children who attend early childhood development programs are much more likely to succeed in later years. In 2001-02, more than 50 percent, or 3,697 of 6,697 second-graders held back, had no early education experience. In light of that research, Huizar said he was incensed by the $12.8 million cut. ``I really don't understand how we could withdraw $12.8 million for early education centers when all the research indicates prevention in the early age of kids gets you a bigger bang for the buck,'' he said. ``You either put the money up front or pay huge amounts later ... for some more prisons.'' CAPTION(S): photo Photo: (color) At Canoga Park Elementary School early childhood education center, preschoolers Alexa Martinez, top, and Giselle Delatorre play computer games. Tina Burch/Staff Photographer |
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