Guest guest Posted July 2, 2011 Report Share Posted July 2, 2011 On the other hand, look at what is happening in Wisconsin. After all the talk of catastrophe, at least one school district went from debt to flush. Quote The Kaukauna School District, in the Fox River Valley of Wisconsin near Appleton, has about 4,200 students and about 400 employees. It has struggled in recent times and this year faced a deficit of $400,000. But after the law went into effect, at 12:01 a.m. Wednesday, school officials put in place new policies they estimate will turn that $400,000 deficit into a $1.5 million surplus. And it's all because of the very provisions that union leaders predicted would be disastrous. In the past, teachers and other staff at Kaukauna were required to pay 10 percent of the cost of their health insurance coverage and none of their pension costs. Now, they'll pay 12.6 percent of the cost of their coverage (still well below rates in much of the private sector) and also contribute 5.8 percent of salary to their pensions. The changes will save the school board an estimated $1.2 million this year, according to board President Todd Arnoldussen.Read more at the Washington Examiner: http://washingtonexaminer.com/politics/2011/06/union-curbs-rescue-wisconsin-school-district#ixzz1QtgcQfHe End Quote In a message dated 7/1/2011 6:09:11 P.M. Eastern Daylight Time, no_reply writes: UPDATE 2-Minnesota government shutdown begins after talks fail Quote Link to comment Share on other sites More sharing options...
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