[Note that Manhasset is a very wealthy town. It used to be a real bastion of Wall Streeters. Bill O'Reilly actually lives there currently.]
A reader emailed an *independent* report on their local school system on Long Island:
Salary Plus Benefits
Average salary without benefits $101,339.
Median salary without benefits $104,278
Average salary including benefits $149,404
Median salary including benefits $153,736
Today if a teacher retires after 30 years at $126,000 the average pension is $88,200 (assuming 70% payout).
If a teacher receives a Pension for 25 years the cost will be $2,205,000. The teacher will make more in retirement than they made while working. This plus the Medical Benefits they receive in retirement you will see clearly why.....school taxes are out of control.
For each teacher???
Look at the ridiculous salaries of the administrators:
Look at the town's academic *underperformance*:
On *Living Environment* and *Physics*- they placed 8th locally.
And in *Global History* and *US History* - Manhasset placed 9th locally (out of 9!).
Yet first in *Cost Per Student*!!!
Those results were published, no, not by the school board, but by a local group calling themselves Manhasset Proponents for School Accountability.
That organization is doing, well, what you would expect. It's trying to shed sunlight on what they think is a horrible, expensive school system. I say good luck to them - because they won't likely make much progress.
Schools are beyond reform for so many reasons. Sure, this organization might stall additional spending; it may even wrest some administrative fat trimming and wage concessions....
But as you can see above, from the already promised pension benefits ($2 freaking million per teacher!), this school district is already way beyond financially bankrupt.
Furthermore, the system is educationally bankrupt. Well-intentioned Manhassetites are trying to keep up with the standardized test scores of surrounding towns yet that has nothing to do with competently preparing youth for ethical, productive, INDEPENDENT living. (And/or maybe they just want tax relief?)
Can y'all imagine that they call science/biology - "Living Environment" - now?
My source hyperbolically informs me that Kaplan Testing is the most booming business in Manhasset these days. It looks like Kumon is there too.
While the magnitude of the spending in this tony town will seem extreme to non-New Yorkers, I'm quite sure they are in the same financial proportion as your own local school district.