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Gasp Heard as Finance Expert Declines CUSD Offer

Although he initially accepted the deal, John Pappalardo changed his mind Wednesday.

Superintendent Joseph Farley announced to the Board of Trustees on Wednesday that the finance expert the wished to whisk away from Pasadena Unified has declined CUSD's offer.

The news prompted an audible gasp in the trustees' chambers.

John Pappalardo currently serves as the chief financial officer for Pasadena Unified, and several publications in that area announced earlier this month his decision to leave his post and .

Capo itself issued a press release announcing the hire on March 15.

Farley told trustees salary was the primary concern.

Pappalardo had agreed to the district's initial offer, and even OK'd a requested revision, Farley said.

"But this afternoon, he had second thoughts," Farley said.

The school district is facing a severe financial crisis heading into the 2012-13 school year, .

Capo lost its deputy superintendent of business services when  left the district in January to take a similar post with Fullerton Joint Union High School District.

Two employees, Robyn Phillips and Tim Holcomb, are carrying out the duties of the top financial executive on an interim basis while the district searches for a permanent replacement for Lebs.

shelly April 08, 2012 at 06:17 PM
bbq, You as a tax payer have the motivation to be insistent that we do not pay higher taxes even if it will benefit the children of our community. And why can't you believe that Jollygirl posts to support teachers and education. Please read her comments. Jollygirl often posts about education issues even when it has nothing to do with budgets. Please read others comments. There are several who are insistent that the teachers and schools of CUSD are not very good and that teachers should carry the burden of fixing the budget. We should all be helping.
bbq April 08, 2012 at 10:39 PM
Shelly, I'm just saying, again, there needs to be some other way other than raising taxes. Like I asked before, why can't the teachers union work for the teachers by getting the money that's currently being withheld? Isn't that why the teachers are paying the union, to represent the teachers??? Why isn't anyone talking about why the teachers aren't going after that money? The OC Supervisors have 75 million of the school's money (the state is suing them). If the money is not being allocated properly as well, that needs to be corrected.
shelly April 09, 2012 at 06:04 PM
bbq, It is the job of the employer to get the money to pay the employees. CUSD employees teachers. The money is being withheld from CUSD. Why isn't it the job of the district and the state to get the money?
Penny Arévalo April 09, 2012 at 06:08 PM
I think there may be some misunderstanding here. Capo is still spending the withheld money (from the county). It's counting on the state making them whole, and so it is doing short-term financing that crosses fiscal years. It also still spends deferred money, also using bridge financing. Getting the money faster would save the district interest but doesn't open tons of new funding for new programs and/or teachers.
bbq April 09, 2012 at 08:00 PM
It is the job of the district and the state, but if they are not doing the job, perhaps the union, which is very powerful, can help. I guess it doesn't matter, since Penny clarified that the money is still being spent. So.... it's back to "there is no more money."

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