Law, contract limit Madison Prep plan’s promise

Chris Rickert:

Let’s see: Longer school year, parent report cards, meaningful teacher evaluations and bonus pay, union staff, teacher compensation of between $60,000 and $65,000.
Sounds about right to me. Where do I sign up?
Unfortunately, I can’t, because while this seems like a pretty good model for a proposed charter school targeting under-performing, low-income minority students — really, for any public school — it was looking less and less possible last week.
The sticking points are an overly rigid Madison teachers union contract and a punitive new state law that pretty much makes tinkering with that contract tantamount to killing it.
Or, to put it another way, the issue, as it so often is, is money.
Under the proposal released last month by the backers of Madison Preparatory Academy, the school would employ union teachers at salaries of about $47,000, with benefits bringing total compensation to between $60,000 and $65,000.
In its own analysis of Madison Prep’s financials, though, the district found the school would be required to pay about $76,000 per teacher, with benefits bringing total compensation to about $100,000.

Much more on the proposed Madison Preparatory IB charter school, here.