Fewer students? Need more money

Teacher's unions want to extend Jerry's income tax so it is permanent. 

L.A. Unified needs every dollar it can get. Student population, now 550,000 and second only to New York City, has been falling for more than a decade, a trend projected to continue. The district says it expects to lose about 3 percent a year over the next three years — nearly 14,000, 13,000 and 12,000 studentsrespectively — through a declining birthrate, families moving out of Los Angeles and parents moving their children from traditional district schools into independent charters. State support for school districts is based on the number of students served; an independent financial review panel’s report to the district board last November calculated the loss of 100,000 students over the previous six years to be $900 million. To the state’s largest teachers unions, failure of Prop. 55 is not an option in light of the negative impact it would have on public education. Both the California Teachers Association and the California Federation of Teachers are embarking on aggressive campaigns to raise public awareness of the consequences that voting down the initiative would have on school districts across the state.

Now this is reversed from what we normally think.  If you have less business, then cut operations.  Except for one thing, unfunded teacher pensions.