Memphis-Shelby County Schools has a new budget proposal that offers teachers a 2% raise plus a $1500 retention bonus.
While this sounds nice – it IS more money, it really begs the question: Is that all?
Chalkbeat has more on the details of the nearly $2 billion budget proposal:
Memphis-Shelby County Schools teachers would receive a 2% pay raise and $1,500 retention bonuses as part of the $1.93 billion proposed budget approved by school board members Tuesday.
Fulfilling Superintendent Joris Ray’s promises earlier this year to invest in educators, the 2022-23 budget would also funnel nearly $12 million into educators’ tiered pay scale and add a new step on the scale for principals.
The budget, passed on a 5-0 vote, also directs $3.5 million to bump up the district’s contribution to employee health insurance premiums to 70% from 66%, and $3 million to raises for substitute teachers.
While a 2% raise and a $1500 salary increase are nice moves, that’s simply not enough.
It’s unfortunate that Bill Lee’s TISA plan and current funding scheme aren’t dedicating more to public schools We currently have a surplus in excess of $3 billion at the state level and yet still struggle to fund public schools.
It’s a matter of priorities.
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