Seattle Public Schools labor deal and solvency crisis

SPS opened after a tentative three-year educators agreement averted a strike affecting nearly 50,000 students; the package includes at least 8.8% compensation growth, staffing additions and class-size provisions. Ratification is scheduled for Sept. 11, while superintendent warnings about reserves falling to roughly $27 million, possible consolidations and an unresolved structural shortfall keep the district’s finances in focus.