Cuesta College in deficit spending, union pushing raises

February 11, 2018

While the Cuesta College Board of Trustees is looking at strategies to offset a $551,000 budget deficit, the faculty union is pushing for higher pay. [Cal Coast Times]

Lower enrollment coupled with increased unfunded pension liabilities have led to the current fiscal year budget deficit. In the 2011-2012 school year, the campus had 8,646 full time student. With a current reduction of 337 full-time students, the campus incurred a financial loss of $1.79 million.

Also contributing to the deficit, is an increase in payments of more than $600,000 to the California Public Employees Retirement System and the California State Teachers’ Retirement System.

The board of trustees is looking at a variety of strategies to combat the current deficit including an early retirement program, a selective hiring freeze, duel enrollment for local high school students and a scholarship program to increase enrollment.

While the administration is seeking to reduce spending, the teachers union is requesting a 2.5 percent salary increase. The district has offered a 1 percent increase.

In 2014-15 the faculty received a 2 percent raise followed by a 5 percent increase in 2015-16. If the district and the faculty union are unable to agree on raises, the faculty could go on strike.







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Ted Slanders

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c.d.cox,

Uh, lets see, hmmmmm, let me put it this way for you, you have to separate Social Security and Medicare from an alleged Ponzi scheme, yeah, thats it! Then, you have to understand actual facts where these two individual systems are funded by the taxes paid by others who are not currently using these systems at this time, but hope to do so in the future. It is almost the classic definition of that scary word to many, and that is “SOCIALISM.

C.D Cox, you can thank me later for your enlightenment upon this topic.

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c.d.cox

Social Security and Medicare are not socialist they are like anyoother retirement system they are giant Ponzi schemes.