The Fresno Unified School Board approved a motion Wednesday to offer a supplemental retirement plan to qualified employees in an attempt to soothe their strained budget.
Fresno Unified School District, alongside districts across the country, is facing significant budget challenges due to declining enrollment, chronic absenteeism, and the end of COVID-era funding.
Last July, the district scrambled to meet a $49 million budget deficit by axing programs and making other big cuts.
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The offer is the district’s latest attempt at saving money — potentially $35 million over the next five years.
This cash flow will be generated through seasoned employees — who earn higher wages than entry-level educators