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Guest Opinion: Stanford's commitment to Palo Alto schools must be honored

Original post made on Oct 18, 2019

The next Stanford University general use permit, adding hundreds of new students to our schools, will impact the Palo Alto school community for the next 17 years.

Read the full story here Web Link posted Friday, October 18, 2019, 6:53 AM

Comments (8)

16 people like this
Posted by Cover up culture
a resident of Community Center
on Oct 18, 2019 at 11:27 am

Dear Nancy and the PTA/PTAC/PTSA, etc, thank you for making it so clear how you are just a schill for the teacher's union in all things. Teri Baldwin is the head of the teacher's union and Meb Steiner is the head of the classified staff's union. Let's make sure those unions get all the money they can! After all, PAUSD is only the second highest paying unified school district in all of California! Let's work on getting to the top spot --- and if it's Stanford's pocket we have to pick, so be it! BTW --- what about those PAUSD unfunded pension liabilities --- @ $187 million currently for the teachers, @ $65 million for the classified staff. If those unfunded pension dollars keep piling up --- just like they are at the City of Palo Alto (now $455 million unfunded) it's us happy homeowners who will have to fork over $$ in an assessment, after already paying our high property taxes. Happy, happy! Let's make sure PAUSD staff have the richest pension benefits anywhere!!!!

14 people like this
Posted by Don't do anything extra
a resident of Esther Clark Park
on Oct 18, 2019 at 11:37 am

Oh! You all knew that PAUSD enrollment has declined by 600 students over the last two years? And that unions have been behind the effort to force Stanford to build more housing than it had planned to do in its GUP? And they are also behind efforts to build more dense housing in Palo Alto and use public assets to build housing for them?

2 people like this
Posted by Barron Park dad
a resident of Barron Park
on Oct 18, 2019 at 11:47 am

Why only for the next 17 years? That part I didn't understand. What happens in the 18th year and beyond?

2 people like this
Posted by Anon
a resident of Another Palo Alto neighborhood
on Oct 18, 2019 at 11:53 am

>> schill for the teacher's union in all things

Big employers all over the area are being asked to provision employee housing because "the free market" is telling us that it can't do it. Stanford is no different from any other big employer. If "unions" are pushing for this, it speaks well for the unions, because we are currently undergoing major market irrationality. Big employers continue to add office space and jobs in the area, knowing that the employees will be commuting from Tracy and beyond. They continue to do this because they believe it will maximize profits. We, the residents of Peninsula cities, continue to go along with it because-- we are dumb.

2 people like this
Posted by Neighbor
a resident of Crescent Park
on Oct 18, 2019 at 12:00 pm

@Barron Park Dad, the agreement actually runs for up to 40 years, or until it is superseded. The expectation seems to be that Stanford will be back for another GUP within 20 years and this will all have to be renegotiated. It would have been better to get the payments in perpetuity, but I expect Stanford wasn't willing.

5 people like this
Posted by Independent
a resident of College Terrace
on Oct 18, 2019 at 12:05 pm

@Anon - the free market has not failed. And the market is not irrational. There are high paying jobs located here (some people), and those folks can bid up the price of scarce housing. And, the Fed and ECB and the UK and the Chinese govt. have pumped about $7 trillion into the world economy to try to avoid a depression after the sub prime mortgage crisis, and they are still doing so today, with recent Fed actions and recent ECB efforts. As a result, all asset prices have is what it is, and a major depression was avoided, but we are where we are....

12 people like this
Posted by Wishful thinking
a resident of Embarcadero Oaks/Leland
on Oct 18, 2019 at 12:34 pm

@Anon - I'll tell you what's irrational - to pay the average PAUSD more per day than the average tech worker and then give them free land and housing and rich, rich, rich pension benefits....

3 people like this
Posted by Blarryg
a resident of College Terrace
on Oct 19, 2019 at 2:20 pm

@Wishful Thinking Your numbers are wrong. Avg teacher pay in Palo Alto: $89,339/yr
Range: $65K - $120K. Tech pay starts at around $120K but the median is around $200K and it goes up to $400-$800K total comp depending on level at the bigger employers.

I agree that pensions to be factored in for the actual pay rate of teachers and government workers. And, we should probably just get rid of the fine benefits and put them all on some nice 401k to control costs. On the other hand your property tax rates are absurdly cheap, prop 13, get over it.

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