HPS Surplus $4,389,131
During the last round of bargaining, the board saturated the teachers and the community with their three-year financial plans. The HEA encouraged teachers and community members to ignore the Board's version of the “truth,’ and instead focus on what was the truth. The Board used these plans to justify their illegal imposition, to justify their desire to attack the teacher's insurance, and to justify a below par salary increase. Another look at the Board’s version of the “truth” is warranted. Here are the dates of some of their three-year financial plans and the projected fund surplus amounts for the 2006-07 school year:
Date Fund Surplus
September 2005 $991,124
December 2005 -$43,134
May 2006 $1,199,492
From the Board’s independent audit, the truth is:
THE FUND SURPLUS AMOUNT FOR THE 2006-07 SCHOOL YEAR IS
