Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Todd Greco: Schools aren’t businesses; budget cuts often hollow out programs
Summary
In a brief school finance lesson, Todd Greco argued that public schools lack a profit motive and have many fixed costs — staffing, buses, debt service and mandates — so budget reductions typically reduce extracurriculars and advanced programs before they affect core classroom needs.
Todd Greco delivered a short school finance lesson explaining why public schools cannot be managed like private businesses and why budget reductions tend to erode program offerings rather than proportionally reduce staffing.
Greco opened by saying he often hears people assume schools can simply trim expenses the way businesses do. “Schools are not businesses. We don't have a profit motive,” he said, and that difference is the number-one…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
