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Broward Teachers To Get $500 Cash Bonus

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FORT LAUDERDALE (CBS4) — There’s some good news for teachers in Broward County. Teachers have reached a contract with the school district, granting instructors a $500 cash bonus and no unpaid furlough days.

The South Florida Sun-Sentinel reports the one-time bonuses will cost the district about $7 million but the contract will help secure $30 million in federal funding from the Race to the Top grant.

Palm Beach schools reached a similar agreement in June.

New legislation requires states to create merit-pay plans. Florida is receiving $400 million in Race to the Top funds, which could help districts pay for it. But without a contract, Broward could have lost its $30 million share.

(TM and © Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2010 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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