UPDATE: In accord with the comment of NYC Educator (below) Mayor Bloomberg, the UFT and some unidentified parents announced a deal Thursday according the Erin Einhorn writing in Friday's New York Daily News. See also a much fuller article from the New York Times's David M Herszenhorn . The city hall press release is here
The contents of the deal are unclear to me from the articles. While Mayor Bloomberg now appears to promise that no school will lose money, the content of that promise may be empty. It seems to me -- that a key element of the Bloomberg-Klein reorganization -- that funding follow each child, is left in place. If so, as I see it, staffing at school will become somewhat more unstable as principals will have a budget motive to shed senior teachers. I am somewhat alarmed at the apparent exclusion of CPAC from the bargaining. What is the story here?
Thursday's New York Daily News is reporting a bargaining session between the Department of Education on the one hand and the United Federation of Teachers and parents on the other. The link is here. Does anyone know more about this?
Update: NY1 coverage of the joint press conference here.