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Articles Tagged With ‘Paso Robles Joint Unified School District’




Paso Robles, Cayucos school districts shoulder huge bond debts

Written on 4 Dec, 2012 in Featured, Uncovered SLO | 44 comments

Two San Luis Obispo County school districts have borrowed millions of dollars using a risky form of financing saddling them with huge debt. Both Cayucos Elementary School District and Paso Robles Joint Unified School District turned to capital appreciation bonds... (Continue reading)

Jury: schools should seek more tax money

Written on 5 Jul, 2012 in Daily Briefs, Featured | 95 comments

Paso Robles schools are providing an example for other county districts, and it’s not a good one, according to a report by the San Luis Obispo County Grand Jury. Deeper budget cuts and more taxing talk is recommended by the... (Continue reading)

County schools drowning in deficits

Written on 23 May, 2012 in Daily Briefs, Featured | 96 comments

Five San Luis Obispo County school districts have made the state’s list of most fiscally endangered, and California Superintendent of Schools Tom Torlakson said those districts, and more than 180 others in this state, face bankruptcy — a record number.... (Continue reading)

School district illicitly garnered $13 million in FEMA funds?

Written on 27 Mar, 2012 in Featured, Uncovered SLO | 46 comments

The Paso Robles School District is getting a double wave of bad financial news ― not only is the district already facing a $1.59 million budget shortfall, but the federal government may be seeking the return of more than $13... (Continue reading)

Paso Robles teachers’ paychecks slashed

Written on 23 Mar, 2012 in Daily Briefs, Featured | 30 comments

Teachers in the Paso Robles School District will absorb a big paycheck hit this summer after agreeing to help balance the district’s stressed budget. Teachers’ union president Jim Lynette said a cut of 9.72 percent over the next two years will... (Continue reading)

Paso schools face budget woes, teacher strike

Written on 5 Feb, 2012 in Featured, Uncovered SLO | 177 comments

An unexplained $1.59 million deficit in Paso Robles School District’s (PRSD) current budget has the district teetering on the brink of insolvency and under threat of a state takeover while local officials target teachers’ pay as a possible solution. In response,... (Continue reading)