The District would “probably not” be able to fund teachers’ bonuses after next month if the private foundations that Chancellor Michelle Rhee solicited withdrew their funds, the organization that manages the schools’ budget said.
About $21 million of the $64.5 million Rhee collected from four foundations was set aside for a five-year, performance-based teacher bonus plan. More than 650 teachers rated highly effective on evaluations can receive annual bonuses of $3,000 to $25,000.
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